Cameco's 49% Westinghouse stake should gain value if South Korea's KEPCO invests before a Westinghouse IPO, because Korea brings nuclear construction expertise the US has lost. A 10-15% stake via new shares would dilute Cameco and Brookfield, but that matters little since an IPO with Korea all-in is worth much more. Per Seoul Economic Daily, Korea likely needs at least 10% for board rights, and any dilution depends on talks with Cameco; the announcement looks delayed past September 22. x.com  … Show more

Cameco gains a big catalyst from the Westinghouse IPO, which the administration has every incentive to pump given its ownership stake. Cameco and Brookfield bought Westinghouse for $7.5 billion, with Cameco owning 49%, and it is worth considerably more now. Institutional money that won't buy Brookfield Renewable gets its Westinghouse exposure through Cameco, and a multiple derating is not a concern until Westinghouse is fully independent. x.com  x.com  x.com 

Nuclear stocks like Cameco, Centrus, BWX Technologies, Constellation, Vistra, Talen, Oklo and NuScale are exposed because pro-nuclear sentiment can reverse for a decade or two, and investors who started after Fukushima have only seen the pro phase. The US never built a central waste site, so spent fuel sits on-site in dry casks, at San Onofre barely 100 feet from the Pacific. An earthquake, corrosion or a disaster anywhere, under any design, could turn the public against nuclear again. x.com  … Show more

The suppliers beneath the big nuclear deals going to Constellation Energy and Vistra get paid while the utilities get the headlines. GE Vernova supplies nuclear equipment, turbines and grid gear; Cameco uranium, fuel and Westinghouse technology; Centrus US enrichment and HALEU for the coming SMR boom; BWX Technologies nuclear components and reactor manufacturing. Oklo is an SMR developer and future fuel customer, while Fluor and Quanta Services add construction and power-infrastructure exposure. … Show more

Nuclear stocks could create generational wealth for early investors, with six names covering different parts of the build-out. Vistra sells existing nuclear power, including 1,200 MW to AWS from Comanche Peak for 20 years. Oklo's small reactors run on spent fuel. Cameco sells uranium and owns 49% of Westinghouse. BWX Technologies is among the few firms cleared to build nuclear parts. NuScale holds the first US SMR design approval yet trades under $9. Centrus has a $3 billion enrichment backlog. … Show more

Cameco's chart supports a bullish bias as long as it holds above the $110 pivot, where a gap remains unfilled. It is not the most exciting name right now, and existing uranium names are already doing well, so it suits scaling in from a starter size. x.com 

Cameco's CEO said in a recent fireside chat that the nuclear renaissance is still very early and that uranium prices do not reflect actual supply and demand. Cameco covers everything except enrichment, which it is watching closely. The stock has not closed a week below its 30-week moving average since last year, a strong trend that points to more upside, and indicators have reset near a breakout; a weekly close above resistance is the next step. x.com 

The re-rating of nuclear fuel suppliers such as Cameco and Centrus Energy is still in progress, while the operators' re-rating is done. AI data-center power demand has sparked a nuclear renaissance, with over 75 reactors under construction worldwide per the WNA and a DOE target of 200 GW of new US capacity by 2050. Operators like Constellation and Vistra are down over the past year as capital rotates from companies that operate reactors to those that build and fuel them; Centrus is up 98%. x.com  … Show more

Cameco is the most interesting pure-play uranium producer thanks to good cost-curve positioning and a history of surviving pricing downturns. It also has exposure to conversion and to enrichment through Global Laser Enrichment, plus the optionality of a Westinghouse IPO. A post the author replies to calls Cameco the best company in the space on assets and management, while noting that Global Laser Enrichment is unproven and valuation is the only knock. x.com  x.com 

Vistra, Constellation Energy, Cameco, BWX Technologies and Oklo could benefit as the US government puts about $4 billion behind nuclear power. Vistra is directly tied to the new $4.2 billion DOE loan, and Constellation is a top US nuclear operator with major data center power deals. Cameco mines uranium and part-owns Westinghouse; BWX Technologies supplies nuclear components, fuel and reactor technology, including for government programs; Oklo is developing its own advanced fission plants. x.com  … Show more