Uranium and its fuel supply chain look preferable to SMR developers because fuel demand continues throughout a reactor's operating life, while an SMR is largely a one-off build. Reliable fuel supply can be hard to secure, giving suppliers a strong position; SMR hardware carries manufacturing execution risk and thin margins. x.com 

Uranium faces a 10-20-year structural shortage, not a short cycle, and Cameco's reach across the nuclear value chain extends the benefit beyond price. Goldman Sachs projects about 20 new US reactors, restarts and longer reactor lives through 2045, with a 32% supply deficit. Fuel is only 5-10% of plant operating costs, so utilities prioritize securing supply, lifting contract prices. Cameco spans mining, conversion, fuel services and Westinghouse. New mines or policy shifts could ease the gap. … Show more

Uranium has been trading terribly, and many longs are true believers who need to be disappointed before it has its time, even as energy security grows more important. x.com 

Uranium and nuclear stocks look to have bottomed as AI drives record demand for nuclear power and carbon goals. Google signed a major power deal with Constellation Energy, adding 890 MW of nuclear capacity in PJM, and France expects EU approval to subsidize six new reactors totaling about 10 GW. The IEA sees global electricity use rising about 5,400 TWh by 2030, and Goldman Sachs estimates a 2.3 billion-pound uranium deficit through 2045. Fall seasonality and a double bottom add support. x.com  … Show more

Uranium faces a hidden supply crisis that could lift spot prices from about $87 to $200 a pound by 2027 or 2028. Demand of about 90,000 tons a year exceeds 60,000 tons of production, a gap covered by utility inventories now down to about two years. Some 200 new reactors planned by 2040 would add 32,000 tons of demand, while Kazakhstan, 45% of supply, plans to send all output to China and Russia from 2028. Russia also holds 60% of enrichment capacity and could embargo exports. x.com 

Cameco's structural bull case of a nuclear renaissance, AI energy demand and uranium supply constraints is unchanged; only the price has moved. The largest uranium pure-play, with a $46B market cap and $429M net income, is testing $100-108 support after a 7.9% weekly drop. If support holds, the first target is $115-116; a break below $100 makes $94.70, at the weekly 50 EMA, a secondary accumulation zone. Resistance at $122-127 has capped every 2026 rally. 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 

A new uranium rally looks set to start soon. Per Goldman Sachs, uranium is another commodity bull market, driven by about 20 new US reactors over the next two decades, reactor restarts and longer reactor lives, while supply keeps disappointing and a 32% supply deficit is expected by 2045. x.com  x.com 

Uranium's shortage is only going to get worse in the coming years, making it one of the most interesting investment trends for the next few years. An AI system flagged the trend and identified three public companies set to benefit. x.com 

Uranium stocks remain attractive even in an equities bear because commodities and equities tend to alternate leadership over long cycles, while uranium's projected supply deficit extends into the 2040s. Commodities had reached historically undervalued levels against equities when last checked and are due for a major relative resurgence, probably as equities blow off then crash. Uranium is even more bullish than the broader commodity case: a major equity crash would not erase its deficit. x.com