The market is excited about nuclear energy again, but we may be a decade away from the payoff. Nuclear energy stocks were on fire this week as nuclear energy news became a hot topic again. The energy demands for artificial intelligence data centers are so astronomical that not only are new plants being planned, but old plants are being restarted. According to data provided by S&P Global Market Intelligence, Uranium Energy (UEC -2.58%) was up as much as 17.1%, Cameco (CCJ -0.70%) popped 9.6%, and NuScale Pow ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

AI and Energy Stocks - The AI frenzy has led to significant attention on energy stocks with nuclear and uranium exposure, such as Constellation Energy (CEG), Cameco (CCJ), and Vistra (VST), due to the high energy consumption of data centers [1] Vistra (VST) - Vistra operates a diverse power generation fleet, including natural gas, nuclear, coal, solar, and battery energy storage facilities [2] - Vistra's shares have surged nearly 200% in 2024, driven by its acquisition of Energy Harbor, which added over 4,000 MW of nuclear generation and approximately one million retail customers [2][3] - The company has secured power purchase agreements with Amazon and Microsoft, further strengthening its market position [3] - Vistra plans to spend at least $2.25 billion on share repurchases in 2024 and 2025, with outstanding shares declining by 29% since November 2021 [4] - The company offers a 14% five-year annualized dividend growth rate, appealing to income-focused investors [5] Cameco (CCJ) - Cameco, one of the world's largest uranium producers, has seen its shares rise 10% over the last month, despite underperforming year-to-date [5] - The company's CEO highlighted strong support for nuclear energy, driven by positive public opinion, policy decisions, and market-based solutions [6] - Cameco's uranium segment reported double-digit percentage growth in production volumes, sales volumes, and revenue year-over-year [6] - The company's top-line trend has improved significantly in recent periods compared to previous years [8] Constellation Energy (CEG) - Constellation Energy's shares surged following the announcement of a deal with Microsoft to restart a nuclear plant, which will supply power to Microsoft's data centers [9] - The company's CEO emphasized the importance of nuclear energy in providing carbon-free and reliable power for industries like data centers [10] - CEG shares have risen nearly 120% year-to-date, outperforming the S&P 500's 20% gain [11] - The company's EPS estimate for the current fiscal year has increased by 26% over the last year, suggesting 60% year-over-year growth [11] Microsoft (MSFT) - Microsoft's shares have lagged behind the S&P 500 in 2024, gaining only 15% despite the company's involvement in the nuclear energy deal with Constellation Energy [12][13] Conclusion - The AI-driven energy consumption theme has gained significant attention, with Constellation Energy, Cameco, and Vistra all experiencing share price increases [14]

There's renewed buying for the uranium stock. What's brewing? Cameco (CCJ 4.36%) stock's rally from last Friday extended into trading this morning, with shares of the uranium miner rallying 5.5% at its highest point during the day through noon Monday. The uranium stock was up almost 12% over two days as of this writing. Latest developments have fueled hopes of a resurgence in the nuclear energy industry, and investors believe Cameco -- a significant producer of the nuclear fuel uranium -- could be the best ...

The nuclear energy sector comprises companies involved in the production of nuclear power and related technologies. These firms range from uranium miners to nuclear plant operators and equipment manufacturers. Nuclear energy stocks represent ownership in these companies traded on public exchanges. The sector has gained renewed attention due to its potential role in reducing carbon emissions. Nuclear power offers a reliable, low-emission source of baseload electricity. Investing in nuclear energy stocks can ...

Interest in uranium stocks is blowing up. Uranium stocks are glowing green on Friday, and they have Constellation Energy to thank for it. This morning, the electric utility giant announced plans to restart Unit 1 at the Three Mile Island nuclear power plant by 2028, in order to supply power to Microsoft data centers. In no time flat, shares of uranium mining stocks such as Energy Fuels, Uranium Energy, and Denison Mines began powering up. None went so far as Cameco Corporation (CCJ 7.52%), however, which as ...

There has been lots of press, including Seeking Alpha articles, about the commercial nuclear renaissance. For instance: China is increasing its planned nuclear operations. Small Modular Reactors are under development by a number of worldwide companies. The US administration is Analyst's Disclosure: I/we have a beneficial long position in the shares of CCJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensat ...

Uranium demand is projected to outstrip supply as the world races to expand nuclear energy almost overnight. The U.S. in late 2023 headed up a coalition of countries across four continents pledging to triple nuclear energy capacity by 2050. The Bull Case for Uranium The rapid revival of nuclear power sent uranium prices to their highest levels in over 15 years, soaring from $30 at the start of 2021 to $100 in January 2024. Despite a pullback, uranium prices hover around $80, up roughly 60% since the start o ...

The uranium stock appears to have more upside from here than downside, so pay attention. Shares of Canada-based uranium miner Cameco (CCJ 5.44%) generated rock-solid total returns (including dividends) of 186% on the Toronto Stock Exchange (TSX) in the three years through June 30. Thanks to its strong performance, Cameco stock made it to the TSX30 2024 list, released yesterday. TSX30 is an annual list of the top 30-performing stocks on the stock exchange over a three-year period based on their dividend-adju ...

The latest trading session saw Cameco (CCJ) ending at $37.04, denoting a +0.22% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 1.16%. Meanwhile, the Dow gained 1.2%, and the Nasdaq, a tech-heavy index, added 1.16%. Prior to today's trading, shares of the uranium producer had lost 6.55% over the past month. This has lagged the Basic Materials sector's loss of 0.87% and the S&P 500's gain of 3.48% in that time. The investment community will be closely monitoring the perform ...