Cameco: Long-Term Uranium Demand Fundamentals Are About More Than Just Data Centers

Investment Thesis: Cameco's (NYSE: CCJ ) stock price declined significantly recently, mostly because China might have come up with a less energy-intensive version of AI. The news puts the thesis of nuclear power feeding data centers into question; therefore, tradersAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CCJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ( ...