Quick Read – CEG and CCJ have dropped roughly 20% in the past month, creating potential entry points as hyperscaler contracts and government-backed demand strengthen the nuclear thesis. – Four AI hyperscalers collectively plan over $710B in 2026 CapEx, making nuclear the only…
rbon-free 24/7 baseload source capable of meeting surging data center demand. – NLR offers diversified nuclear exposure across utilities, miners, and services, up 133% over five years, though its basket structure caps upside versus high-conviction single-name picks. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Cameco didn’t make the cut. Grab the names FREE today
AI hyperscaler CapEx spending is now the single biggest variable in the U.S. power equation. Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) are collectively guiding to $710B+ in combined 2026 CapEx, and the EIA’s Annual Energy Outlook 2026 now models data center server electricity use growing to 818 billion kilowatthours in 2050, more than 16 times the 2020 level. Nuclear is the only carbon-free, 24/7 baseload generation source that can scale into that demand curve.
The recent selloff in nuclear names has reset entry points across the trade. The three picks below are down sharply from their May highs, even as the long-term thesis (locked-in hyperscaler contracts and government-backed growth) has gotten stronger. Here are three nuclear-linked names worth researching this month.