Cameco Corporation Stock News

The artificial intelligence (AI) boom is showing no signs of slowing down as we head into 2025, keeping nuclear stocks on the map amid the rapid energy consumption.

Investors may have thought that the technology sector's wave of excitement and innovation would stop at the semiconductor industry as a support lever for artificial intelligence, but that's far from the truth. The biggest names in technology are now looking to invest in alternative energy sources, primarily nuclear energy, as the next frontier of efficiency.

The surge in artificial intelligence (AI) has led many companies to urgently reassess their energy strategies. These companies, along with several countries, have also committed to slashing carbon emissions to help slow climate change.

Shares in uranium, nuclear fuels, and nuclear operating plant services company Cameco Corporation (CCJ 0.37%) powered higher by 15.2% in November, according to data provided by S&P Global Market Intelligence. The move coincides with a solid third-quarter earnings report released early in the month in an environment of improving optimism around the role of nuclear energy in the provision of power.

Cameco is a mission-critical Western uranium supplier with top-tier assets and favorable long-term contracts, well-positioned for rising uranium prices amid geopolitical tensions. Geopolitical factors, including Russia's influence on uranium markets, create near-term volatility but support the long-term bullish thesis for nuclear energy. The global uranium market faces significant supply shorta...

"Buy low, sell high" -- that's most investors' goal when investing in a stock, but it's easier said than done. How do you know if a stock will go up or down before you buy it?

Nuclear power is making a comeback. Over the past year, 31 nations have signed the Declaration to Triple Nuclear Energy, pledging to triple their nuclear energy capacity by 2050.

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