2 Nuclear Energy Stocks to Buy Before 2026 Ends
Uranium Energy and BWX Technologies will both profit from the nuclear market's recovery.
Overview
The nuclear energy market sputtered out for roughly a decade after the Fukushima disaster in 2011. As more countries paused their nuclear expansion plans, the price of uranium plummeted, many miners shut down their mines, and nuclear plant builders went bankrupt.
But over the past few years, the nuclear market warmed up again as the power-hungry cloud infrastructure and artificial intelligence (AI) markets expanded, governments launched new decarbonization initiatives, and companies introduced safer and cleaner nuclear technologies.
Details
According to Grand View Research, the global nuclear market could still expand at a steady 4.9% CAGR from 2026 to 2033. If you want to profit from that recovery, you should consider investing in Uranium Energy (NYSEMKT: UEC) and BWX Technologies (NYSE: BWXT).
Source
Originally published at www.fool.com.