Nuclear energy is getting some positive attention—including in a new movie by Oliver Stone that screened at Davos—and some of the stocks in the industry have been on the upswing. The role of nuclear energy in the energy transition could grow over time, and some countries already appear to be embracing the technology as they look to reduce carbon emissions.
Shares of uranium producer
Cameco
(ticker: CCJ) have jumped 15% in the past month.
Centrus Energy
stock (LEU), which supplies nuclear fuel to utilities, is up 9.4%. Shares of
Nuscale Power
(SMR), which builds small nuclear reactors, have risen 4%.
BHP Group
(
BHP
), a miner that produces uranium, has surged 12%.