Orano Canada and Cameco Corporation have agreed to jointly acquire TEPCO Resources Inc.'s 5% ownership stake in the Cigar Lake Joint Venture. The transaction will increase Orano's ownership from 40.453% to 42.582%, while Cameco's stake will rise to 57.418%. The deal is expected to close in Q3 2026, subject to regulatory approvals. Both companies reaffirmed their commitment to supporting nuclear energy and reliable operations.

Cameco is positioned as a leading pure-play nuclear company benefiting from growing demand for nuclear energy driven by hyperscalers' AI data center investments and government support. The company operates uranium mining, fuel services, and holds a 49% stake in Westinghouse Electric, which designs nuclear reactors and small modular reactors. Uranium prices have nearly doubled from $34.53/lb in 2021 to $66.21/lb in early 2026, with the U.S. government committing $80 billion to construct Westinghouse reactors.

With electricity demand expected to increase 50% between 2020 and 2040, nuclear energy is experiencing a renaissance. The article presents six nuclear-related stocks across different risk levels: conservative options like Brookfield Renewable Partners and Southern Company; moderate-risk picks like Cameco and Constellation Energy; and high-risk emerging technology plays like NuScale Power and Oklo.

James Hires recommends Cameco (CCJ) as the top energy stock to buy, citing its position as the world's second-largest uranium miner with operations across the nuclear fuel cycle. With 75 new reactors under construction and 120 planned globally, combined with geopolitical shifts toward nuclear power, Cameco is well-positioned for growth. The company reported 88% year-over-year EPS growth in Q1 2026 and recently secured a $1.9 billion uranium supply agreement with India.

Nuclear power is experiencing significant growth as global electricity demand rises and the world seeks clean baseload energy. The article recommends four nuclear-related stocks: Cameco and Brookfield Renewable for conservative investors, and NuScale and Oklo for aggressive investors willing to accept higher risk from emerging small modular reactor technology.

The article recommends Cameco and Alphabet as two stocks well-positioned to thrive amid global chaos and market volatility. Cameco, the world's second-largest uranium miner, benefits from accelerating nuclear energy demand with 75 reactors under construction and 120 planned. The company reported strong Q1 2026 results with 7% revenue growth and 88% EPS surge. Alphabet, positioned on both hardware and software sides of AI, grew Q1 2026 revenue 22% to $109.8B and EPS 82% to $5.11, with expanding profit margins.

Cameco is positioned as a top energy stock pick due to global nuclear power expansion driven by Strait of Hormuz energy security concerns. As the world's second-largest uranium miner and largest Western-aligned producer, Cameco benefits from increasing nuclear reactor construction worldwide, strong financial metrics (11% revenue growth, 246% EPS growth), low production costs, and its 49% ownership stake in Westinghouse. The company has secured major supply agreements, including a $1.9 billion deal with India.

Following the Iran war and Strait of Hormuz closure, the author recommends MP Materials and Cameco as top industrial stocks. MP Materials, the only U.S.-scale rare-earth mineral producer, benefits from $400 million in government investment and a 10-year price floor agreement. Cameco, the world's second-largest uranium miner, is positioned to capitalize on global nuclear expansion with high-grade Canadian mines and involvement across the entire nuclear fuel cycle.

With growing global demand for nuclear energy, the nuclear industry is expanding with projections reaching $52.6 billion by 2034. The article highlights two investment opportunities: BWX Technologies, a nuclear reactor and component manufacturer, and Cameco, a major uranium fuel provider. Both companies show strong revenue growth but trade at high valuations with limited dividend yields.

Cameco, a nuclear fuel supplier, benefits from growing electricity demand and geopolitical concerns driving interest in nuclear power. However, the stock has surged over 200% in the past year and now trades at historically high valuations (22x price-to-sales vs. 9x five-year average), suggesting much of the good news is already priced in. While the nuclear power outlook remains positive, investors should be cautious as the lofty valuation leaves little room for disappointment.

Nuclear energy is experiencing a renaissance with renewed global interest and investment. The article highlights three stocks positioned to benefit: Cameco, a major uranium miner with strong financials; Constellation Energy, America's largest nuclear operator partnering with Microsoft; and BWX Technologies, a leader in advanced small modular reactor technology.

The Trump administration's energy dominance policy combined with geopolitical factors and rising AI data center demand create opportunities in U.S. LNG and nuclear sectors. Three investments stand out: the Global X U.S. Natural Gas ETF for broad LNG exposure, Baker Hughes for gas technology equipment, and Cameco for nuclear fuel and services as Russia's uranium exports are restricted.