Cameco Stock Is Having a Good Year so Far. Can the Run Continue?

Group 1 - Cameco has experienced significant stock performance in 2025, with an 80% increase year to date, outperforming the S&P 500 index, which is up about 13% [1] - Cameco is primarily a uranium miner and processor, and it has recently acquired a 50% stake in Westinghouse, a service provider to the nuclear power industry [2][6] - Nuclear power is gaining popularity as a clean energy source that provides base-load power, making it a complementary option to renewable energy sources like solar and wind [3] Group 2 - Historical nuclear accidents have negatively impacted public perception of nuclear power, and there is a risk that future incidents could similarly affect Cameco's business [4] - The long-term outlook for Cameco is positive, with expectations that uranium demand will exceed supply starting around 2030, leading to potential price increases [5][7] - Higher uranium prices are anticipated if supply does not keep pace with demand, although new investments may emerge in response to high commodity prices [6][7]