Nuclear’s Next Boom: 3 U.S. Stocks Powering the Future of Clean Energy

As the world searches for clean, reliable energy sources, nuclear power is getting a fresh wave of attention. Rising demand for electricity, energy security concerns, and the push for lower emissions are bringing nuclear back into the conversation.

And this time, it’s not just about big plants and old infrastructure — a new generation of nuclear innovation is emerging. From uranium miners to next-gen reactor startups, investors are watching closely.

Here are three U.S.-listed stocks at the heart of this growing trend:

Cameco (CCJ): Fueling the Nuclear Revival

Cameco is one of the largest uranium producers in the world, with mining operations in Canada and strategic joint ventures globally. Although headquartered in Canada, its stock trades on the NYSE and is widely followed by U.S. investors.

The company benefits from:

• Tightening uranium supply: Years of underinvestment and mine closures have limited global uranium output.

• Rising demand: As more nuclear reactors are planned or restarted, utilities are locking in long-term uranium contracts.

• Strong partnerships: Cameco recently teamed up with Brookfield Renewable to acquire Westinghouse Electric, giving it more exposure to the nuclear fuel cycle.

Cameco sits at the foundation of the nuclear story — supplying the raw material that powers the industry.

Centrus Energy (LEU): The Missing Link in Enriched Fuel

Next up is Centrus Energy, a lesser-known but crucial player. LEU doesn’t mine uranium — instead, it enriches uranium to make it usable in reactors.

What makes Centrus especially important now is its HALEU (High-Assay Low-Enriched Uranium) program. HALEU is a newer, more efficient type of nuclear fuel required by many advanced reactors, including OKLO’s.

Key points about Centrus:

• Only U.S.-based company producing HALEU at commercial scale (pilot production started in 2023).

• Received funding support from the U.S. Department of Energy.

• Positioned to supply the growing demand for next-gen nuclear fuel.

If CCJ provides the uranium, LEU turns it into the fuel of the future.

OKLO (OKLO): The Future of Compact Nuclear Reactors

OKLO is a nuclear startup that recently listed on the NYSE via a SPAC merger — and it’s getting attention for all the right reasons.

Led by a bold vision and backed by OpenAI CEO Sam Altman, OKLO aims to build micro-reactors — compact nuclear units designed to run for years without refueling.

What sets OKLO apart:

• Smaller, scalable reactors that can be deployed in remote areas or used as backup power for data centers.

• Zero-emission power using HALEU fuel (which ties directly to Centrus).

• A fresh, modern take on nuclear energy with a tech-focused approach.

While it’s still in the early stages, OKLO’s potential is what excites investors — and its success could unlock a whole new chapter for nuclear adoption.

That said, OKLO is still in its early stages and carries significantly higher risk due to its pre-revenue status and reliance on regulatory approvals.

Final Thoughts

From uranium production (CCJ), to advanced fuel supply (LEU), to micro-reactor innovation (OKLO), these three companies are linked in a chain powering the future of clean nuclear energy.

This isn’t the nuclear industry of the past — it's leaner, smarter, and more in demand than ever. If the world’s energy mix continues shifting toward cleaner baseload options, these names could be key players to watch.

Hope you have found the above stocks useful 😃 

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Sources:
1. Cameco: Business Overview
2. Centrus Energy Corp: Company Description , Centrus Wins LEU Enrichment Award from U.S. Department of Energy
3. Oklo: SMR firms race to build a nuclear fuel supply chain

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