2 Nuclear Stocks Powering Big Tech's Data Center Revolution
Investors may have thought that the technology sector's wave of excitement and innovation would stop at the semiconductor industry as a support lever for artificial intelligence, but that's far from the truth. The biggest names in technology are now looking to invest in alternative energy sources, primarily nuclear energy, as the next frontier of efficiency.
Artificial Intelligence (AI) Companies Are Going Nuclear: Here Are 3 Energy Stocks You Should Know
The surge in artificial intelligence (AI) has led many companies to urgently reassess their energy strategies. These companies, along with several countries, have also committed to slashing carbon emissions to help slow climate change.
Cameco Corporation (CCJ) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Cameco (CCJ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Here's Why This Nuclear Energy Stock Soared in November
Shares in uranium, nuclear fuels, and nuclear operating plant services company Cameco Corporation (CCJ 0.37%) powered higher by 15.2% in November, according to data provided by S&P Global Market Intelligence. The move coincides with a solid third-quarter earnings report released early in the month in an environment of improving optimism around the role of nuclear energy in the provision of power.
'Mission Critical' Cameco Goes Nuclear
Cameco is a mission-critical Western uranium supplier with top-tier assets and favorable long-term contracts, well-positioned for rising uranium prices amid geopolitical tensions. Geopolitical factors, including Russia's influence on uranium markets, create near-term volatility but support the long-term bullish thesis for nuclear energy. The global uranium market faces significant supply shortages, which could lead to sustained price increases, benefiting Cameco's strong asset base.
Where Will Cameco Corporation Be in 5 Years?
"Buy low, sell high" -- that's most investors' goal when investing in a stock, but it's easier said than done. How do you know if a stock will go up or down before you buy it?
Is Cameco Stock a Buy?
Nuclear power is making a comeback. Over the past year, 31 nations have signed the Declaration to Triple Nuclear Energy, pledging to triple their nuclear energy capacity by 2050.
Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time.
Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time.
Final Trade: West Pharma, Cameco, iShares Biotechnology ETF and Applied Digital Corp
The final trades of the day with the Fast Money traders.
Cameco Corporation (CCJ) Is a Trending Stock: Facts to Know Before Betting on It
Cameco (CCJ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Cameco Shares Gain 6% Despite Q3 Earning Miss: How to Play the Stock?
Cameco shares have risen despite incurring a third-quarter loss. Let us analyze what stance investors should take on the stock.
Cameco: Strong Q3 Performance As Kazakh Output Falls Short
Cameco Corporation reported a non-GAAP EPS of -$0.01 and substantial revenue of $721M, up ~25% YoY, with a positive financial outlook and increased dividend. Operational improvements and the reopening of the McArthur River/Key Lake mine boosted the 2024 production outlook despite supply issues in Kazakhstan. The uranium market is supply side-driven; Cameco's long-term contracts and potential supply disruptions in Kazakhstan could keep uranium prices high, improving CCJ's income years from now.
