Nuclear Power Comeback Is Real and These Three Stocks Are the Best Way to Play It

Industry Impact 4
โดย The Motley Fool·Read original
Summary · why it matters

The nuclear power industry is staging a comeback as reality sets in that renewables alone cannot meet surging electricity demand, especially from AI data centers. Cameco, a Canada-based integrated uranium supplier with mining, refining, enrichment, and spent fuel storage operations, is poised to benefit as worldwide annual uranium revenue is on pace to more than double by 2033. GE Vernova, through a partnership with Hitachi, is expanding into nuclear with its BWRX-300 small modular reactor, with installation work underway and service expected by 2030, while a government-commissioned outlook projects nearly 500 SMRs built by 2050. Vistra, a utility with 44,000 megawatts of capacity, has signed power purchase agreements with Meta Platforms and Amazon to develop new nuclear capacity, and has grown annual revenue from $12.1 billion to $17.7 billion while reducing its share count by about 30% since 2021.

Impact on stocks 7

Energy Transition & Power Demand▲ · 4 stocks
Cameco Corp
CCJ
▲ PositiveDemandrelevance

Worldwide annual uranium revenue on pace to more than double by 2033, benefiting Cameco as a uranium supplier.

GE Vernova LLC
GEV
▲ PositiveTechnologyrelevance

GE Vernova's BWRX-300 small modular reactor partnership with Hitachi has installation underway, with government outlook projecting nearly 500 SMRs by 2050.

Vistra Corp.
VST
▲ PositiveDemandrelevance

Vistra signed power purchase agreements with Meta and Amazon to develop new nuclear capacity, driving revenue growth.

Artificial Intelligence▲ · 3 stocks

Theme Impact 5

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