1 Green Flag for Cameco Stock Right Now

Yahoo

4 days ago

Key Points
Investment in energy-intensive AI data centers is driving private sector investment in nuclear energy.
Governments are warming to the option of keeping and growing nuclear power as part of the energy mix.
10 stocks we like better than Cameco ›
Cameco's (NYSE: CCJ) management styles the company as a "pure-play investment in the growing demand for nuclear energy," and with good reason. Its mix of uranium mining, nuclear fuel services, and 49% interest in atomic reactor and nuclear plant services company Westinghouse makes it the best stock to buy to play the revival of nuclear power right now. That's a good thing because all the evidence points to momentum building in investment in nuclear power.
Nuclear power investment
After a period when policymakers were committed to the clean energy transition and all things renewable, there's a growing understanding that, while the transition is still taking place, it will take place at a slower pace than many previously thought. That means that energy sources such as gas are going to be a key part of the mix for many years to come.
The intermittency of renewable energy and its cost also mean that nuclear is becoming an increasingly popular option as a source of carbon-free energy.
It's well understood that power-hungry data center hyperscalers like Microsoft, Alphabet's Google, and Amazon.com are investing in nuclear power to solve their long-term power needs.
Government investment
At the same time, governments across the globe are investing in or reassessing the phasing out of nuclear energy, and that's a green flag I see. Cameco stock recently surged on news of investment in nuclear power plants in the Czech Republic; Belgium voted to pull back on phasing out nuclear energy; and Turkey is building nuclear power plants.
These are just a few examples, and as the momentum grows, investors and analysts may need to start penciling in more optimistic assumptions for Cameco's addressable market. As long as that momentum builds, investors are likely to get behind the stock.
Should you invest $1,000 in Cameco right now?
Before you buy stock in Cameco, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cameco wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!*
Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of August 11, 2025
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, and Microsoft. The Motley Fool recommends Cameco and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
1 Green Flag for Cameco Stock Right Now was originally published by The Motley Fool