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 

Centrus Energy controls the real chokepoint in the nuclear trade, HALEU fuel, which next-generation reactors need and almost no one produces domestically. Its new $900 million fixed-price Department of Energy contract, up to $1.07B with options, to expand domestic HALEU production matters more than uranium spot prices. Per @EmmanuelInvest, Centrus plans to move its HALEU cascade to commercial operation, targeting 12 metric tons a year, supporting a $2.4B LEU backlog. x.com 

Centrus Energy's HALEU bottleneck trade is real but not ready yet, with regulatory headwinds still the big gate. Most leading advanced reactor designs, from Oklo, Kairos, TerraPower and X-energy, need HALEU, and with Russia out Centrus is the only Western company that can make it at scale. Q1 revenue of $76.7M beat, but the buildout squeezed margins; management raised full-year guidance to $450-500M and cited the Oak Ridge centrifuge ramp, a Palantir partnership and a $3.9B backlog. x.com 

Centrus Energy has an effective war chest of $2.8 billion inside a $3.2 billion market cap: $1.9 billion of unrestricted cash plus a $900 million HALEU award. It is still the only US company that can enrich uranium into HALEU, faces zero domestic competition and carries a $3.9 billion backlog. x.com 

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 

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

Centrus Energy's nuclear-fuel case is stronger than ever, and its chart is turning up. It has industry and government support for its Piketon facility, HALEU will be indispensable in the nuclear renaissance, and despite plenty of competition it has a significant lead toward production. On the daily chart, the head-and-shoulders looks failed, as a falling wedge nears breakout with a possible double bottom; a close above $192.46 would confirm, while a close below about $142 would be a warning. … Show more

Centrus Energy benefits from nuclear's role as the only carbon-free baseload source that can meet AI's power needs, as the only US-owned company licensed to enrich uranium at commercial scale. It raised 2026 revenue guidance to $450-500 million, holds a $3.9 billion backlog through 2040, and won a $900 million DOE task order for commercial-scale HALEU, the fuel next-generation reactors need but almost no one can make. Its Oak Ridge expansion is advancing with $560 million committed. x.com 

HALEU is the binding constraint on the entire advanced-reactor buildout and the West is structurally short of it, so Centrus Energy and ASP Isotopes are two ways to own that chokepoint. Centrus is the only US enricher that has actually delivered first-of-a-kind HALEU, over 920 kg under its DOE contract, now extended through 2026 with options for eight more years, and it is profitable at about a $3 billion market cap. ASP Isotopes is the laser-enrichment challenger scaling behind it. x.com 

Centrus Energy's fast-growing backlog looks increasingly large against its market value, though the opportunity depends on SMRs. Backlog rose from $1.2B to $4.5B in two years, about twice its $2.2B market cap despite the stock falling from $411 to $109; it extends through 2040. Backlog has grown roughly 20% a quarter, much of it from companies like Oklo and Constellation Energy. The market may not believe in SMRs. x.com  x.com  x.com