Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time

Core Perspective - Nuclear power is regaining favor as a clean energy source, with Cameco's stock rising over 22% in the last month, driven by long-term potential rather than short-term sentiment [1][5]. Industry Developments - Recent agreements by major companies like Amazon and Microsoft to purchase power from nuclear plants highlight the attractiveness of nuclear energy for data centers, driven by increasing power demands from AI applications [2][3]. - The clean energy transition is acknowledged to be slower than expected, necessitating reliable energy sources like nuclear power to support renewable energy's intermittency [4]. Company Insights - Cameco's business model benefits from a natural moat, as uranium and nuclear fuel services are challenging to enter, potentially leading to long-term profitability growth [6]. - Wall Street may need to adjust its long-term profit expectations for Cameco in light of the growing investment wave in nuclear power [5].