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3 Top Nuclear Power Stocks to Buy in October
The Motley Fool· 2024-10-06 13:15
Nuclear power plant restarts are in the news, suggesting a rebirth of this clean energy source. Here are three ways to play it. The federal government is giving a $1.5 billion loan to Holtec International to help the private company restart the Palisades nuclear power plant. It will be the first nuclear power plant to restart in the United States, but follows the start-up of two brand-new nuclear power plants by Southern Company earlier in 2024. Wall Street believes this could be the sign of the rebirth of ...
Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time
The Motley Fool· 2024-10-05 13:35
Nuclear power is returning to favor, and it could be a lasting trend. Uranium provider and nuclear fuel services company Cameco (CCJ 3.76%) stock has risen more than 22% over the last month, and, understandably, some investors might be looking to take profits. Still, the investment case for the stock doesn't rest on a near-term improvement in sentiment on the nuclear industry, but rather on its long-term potential as a clean power source. Nuclear power is back in favor There's little dispute over why the st ...
Cameco (CCJ) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-30 23:01
Cameco (CCJ) closed the most recent trading day at $47.76, moving -0.46% from the previous trading session. This move lagged the S&P 500's daily gain of 0.42%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.38%. Coming into today, shares of the uranium producer had gained 17.48% in the past month. In that same time, the Basic Materials sector gained 5.24%, while the S&P 500 gained 2.06%. The upcoming earnings release of Cameco will be of great interest to investors. The company's earni ...
Nuclear Energy Is Roaring Back: 1 Stock That May Profit From the Surge
The Motley Fool· 2024-09-28 12:30
The tide looks to be shifting back in meaningful ways. This uranium producer could be a sleeping giant. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the recent news that suggests the coming return of nuclear energy and talk about why investors looking to profit should consider Cameco (CCJ -0.17%). *Stock prices used were from the afternoon of Sept. 27, 2024. The video was published on Sept. 28, 2024. ...
The Truth Behind Nuclear Energy Stocks Popping This Week
The Motley Fool· 2024-09-27 17:45
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 ...
Cameco: The Catalysts Are Nearly All In Place
Seeking Alpha· 2024-09-26 16:29
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 ...
3 Nuclear Stocks Investors Can't Overlook: CCJ, CEG, VST
ZACKS· 2024-09-25 15:15
We've all grown accustomed to the positivity surrounding the artificial intelligence frenzy. Of course, beloved Nvidia has been leading the charge, and several other large-cap technology companies are also set to benefit. But for those looking for another angle, energy stocks with nuclear and uranium exposure, such as Constellation Energy (CEG) , Cameco (CCJ) , and Vistra (VST) – should be considered, given the vast amount of energy used within data centers. Let's take a closer look at each. Vistra Upgrades ...
Why Cameco Stock Has Jumped More Than 10% in 2 Days
The Motley Fool· 2024-09-23 17:56
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 ...
Best Stocks To Buy Today? 2 Nuclear Energy Stocks In Focus
Stock Market News, Quotes, Charts And Financial Information | Stockmarket.Com· 2024-09-20 18:56
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 ...
Why Cameco Stock Popped 8% on Friday
The Motley Fool· 2024-09-20 15:37
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 ...