3 Stocks to Profit From the Upcoming Nuclear Power Boom

Group 1: Nuclear Energy Industry Overview - President Trump issued four executive orders aimed at revitalizing the U.S. nuclear energy industry, addressing licensing processes and nuclear fuel recycling [1] - There is a growing enthusiasm for nuclear energy in Washington, leading investors to seek stocks that could benefit from this resurgence [2] Group 2: NuScale Power - NuScale Power is developing small modular reactors (SMRs) that require smaller footprints and have improved safety profiles compared to traditional nuclear plants [4][5] - The company has $491 million in cash and no debt, positioning it as a strong financial player in the market [6] - NuScale is the only near-term deployable SMR company with design approval from the U.S. Nuclear Regulatory Commission, giving it a competitive edge [6] Group 3: Constellation Energy - Constellation Energy's nuclear assets account for about 21 gigawatts (GWs) of its generating capacity, sufficient to power 16 million homes [8] - The company has secured long-term power purchase agreements (PPAs) with major tech firms like Microsoft and Meta Platforms, indicating strong demand for nuclear energy [9][10] - These agreements highlight the potential for further partnerships with AI companies that require substantial energy for their operations [11] Group 4: Cameco - Cameco is the largest uranium producer on American stock exchanges and operates throughout the nuclear fuel value chain [12] - The company reported uranium production of 23.4 million pounds in 2024 and has 457 million pounds of proven and probable reserves [14] - Cameco stands to benefit from regulatory changes that may expedite uranium production, as indicated by one of Trump's executive orders [13]