Here's Why Cameco Stock Surged Again This Week

Another week, another deal done by a major tech company to buy power from a nuclear energy producer. It's been another good week for the nuclear energy sector, and one of the best pure-play stocks, Cameco (CCJ 1.60%), enjoyed a 10.4% rise in the week to Friday morning. The latest news is Alphabet's Google signing a deal to purchase nuclear-powered energy from Kairos Power. The latter is developing small modular reactors (SMRs), with the first SMR scheduled to come online by 2030. Cameco is the pick of the p ...