Nuclear is quickly becoming the next hot trade as power demand from AI and electrification strains the grid. The U.S. Energy Secretary said this week the U.S. will boost its uranium reserves to cut reliance on Russian supplies and secure fuel for both large and modular reactors. That means more government support and more capital flowing into the sector.
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Momentum is visible: uranium miners like Cameco (CCJ) and Uranium Energy Corp (UEC) jumped 9–10% after the announcement, while Centrus Energy (LEU) surged — a name we highlighted in our Level 2 trades, closing this week for a 55% gain in less than a month.
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With markets at record highs, investors are chasing the next area of strength — and nuclear fits the bill. Supply security, energy independence, and the AI-driven power buildout all converge here. This wave has room to run, making nuclear one of the clearest momentum plays into year-end.

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Market Impact

• Uranium Miners: Cameco (CCJ), Uranium Energy (UEC), Energy Fuels (UUUU) — benefit from rising U.S. stockpiles.
• Enrichment & Tech: Centrus (LEU), Oklo (OKLO) — key suppliers for new reactor fuel.
• Utilities: Constellation (CEG) — largest U.S. nuclear operator, levered to rising confidence in the sector.

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