Countries around the world are building new nuclear reactors in large numbers. Cameco is one of the world's leading uranium miners, providing the fuel those reactors need to work.
Cameco (NYSE:CCJ) stock just earned a strong endorsement from William Blair, which initiated coverage with an Outperform rating and a $165 fair value estimate.
Geopolitical events are creating opportunities in the U.S. LNG and nuclear sectors. Growth in these sectors is supported by rising demand from AI data centers.
With AI data centers contributing to record electricity demand and perception of nuclear energy improving across both sides of the aisle With AI data centers contributing to record electricity demand and perception of nuclear energy improving across both sides of the aisle
Demand for clean energy is driving the nuclear industry's growing output. Artificial intelligence (AI) data center demand is also a contributing factor.