Born from the bankruptcy of Energy Future Holdings in 2015, Vistra (NYSE:VST) has emerged as a solid, important renewable energy stock in the Texas market. With the growth witnessed in data center construction and demand, the availability of low-cost energy in the southern states sets Vistra up for significant growth. In March, it acquired nuclear power generation provider Energy Harbor and divided its business in two. Vistra Vision houses Energy Harbor's assets and is now the second-largest nuclear operati ...

NuScale Power is developing modular nuclear reactors, but it has yet to build one. There are lower-risk ways to invest in nuclear power. NuScale Power's hope is that it can build small nuclear reactors in a factory at relatively low cost. Those units will be modular and can be joined together in groups of up to 12 to create what would, effectively, be one large nuclear power plant. That sounds like close to a perfect story. And if NuScale can pull all of this off, it will be a very attractive investment. Th ...

Cameco (CCJ) ended the recent trading session at $52.92, demonstrating a +0.92% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.23% gain on the day. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, added 0.34%. Prior to today's trading, shares of the uranium producer had gained 4.94% over the past month. This has outpaced the Basic Materials sector's loss of 2.98% and the S&P 500's gain of 3.96% in that time. Analysts and investors alike will be keeping a ...

When uranium prices rise, so does Cameco stock -- and vice versa. Cameco Corporation (CCJ -5.00%) stock slipped 4.9% through 1:15 p.m. ET this afternoon, and it's not too hard to figure out why. Supply constraints and rising demand for uranium in late 2023 and early 2024 drove prices of the radioactive metal well past $100 a pound earlier this year. But the rally faded in March, leading to a steep sell-off. Uranium prices have bounced around the mid-$80 range ever since -- and recently began to slide furthe ...

Shares of uranium giant Cameco (CCJ 1.20%) popped 21.7% in May, delivering their best month yet in 2024, according to data provided by S&P Global Market Intelligence. The stock hit a 52-week high on May 31. It's a big move since the U.S. imports the bulk of its uranium fuel to power nuclear reactors that produce nuclear energy, with Russia supplying 24% of America's uranium. The ban will also free up $2.7 billion that would have otherwise gone toward imports. The U.S. government will spend the money to ramp ...

Investors are increasingly looking for robust mining stocks to buy as we approach the second half of 2024. The recovery of the global economy has fueled demand for various metals, from precious metals like gold and silver to base metals like copper and nickel. This surge in demand and supply constraints has pushed prices higher, benefiting mining companies across the board. Meanwhile, the ongoing transition to clean energy has become a key tailwind in mining. Analysts point out how it has driven long-term d ...

With the world fighting to go green, uranium stocks to buy could blast higher. Not only is uranium seeing significant supply-demand issues, but a recent Congressional ban of Russian uranium imports is also fueling upside. In fact, Congress just passed the Russian uranium import ban, which now unlocks about $2.7 billion to expand U.S. nuclear fuel production. In addition, according to MarketWatch.com, "A ban on U.S. imports of Russian uranium is set to shake up the market for nuclear power, and lift prices b ...

Petmal Investment Thesis Cameco Corporation (NYSE:CCJ) is still undervalued, even now. As you'll soon see, this pitch isn't blemish-free. After all, CCJ hedges out a significant amount of its production, meaning that even as uranium prices continue to tick higher, CCJ will not benefit as much as some of its unhedged peers. Nevertheless, CCJ is well poised to continue moving higher into 2025. According to my estimates, CCJ is priced at 37x forward EBITDA, which is a very fair multiple for a company that is t ...

Good news: Cameco is benefiting from a boom in nuclear fuel demand. Bad news: Its price has already gone up a lot. Shares of Canadian nuclear fuel producer Cameco (CCJ 6.48%) were up 6.1% through 11:45 a.m. ET on Friday, helped by a decision by the U.S. government. As Bloomberg reported yesterday, the government wants to buy $3.4 billion worth of nuclear reactor fuel and is soliciting bids from uranium miners. Cameco, the biggest publicly-traded pure play on uranium production, is a logical beneficiary. Why ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Cameco (CCJ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Cameco currently has an average brokerage recommendation (ABR) o ...