Cameco, Nuclear Names Soar After US Government Invests $80BN In Nuclear Reactors

White House Asset Management (WHAM) anticipated gains from Trump's nuclear policy, focusing on uranium and modular reactor companies. Their May article highlighted Cameco (CCJ) and small modular reactor firms as potential beneficiaries in the nuclear industry. Five months later, this forecast proved accurate as Cameco, along with Brookfield Asset Management, secured an $80 billion deal with Westinghouse Electric to build nuclear reactors. This partnership aims to support President Trump's AI ambitions and increase US competitiveness against China. The deal, supported by US government participation, will also generate tens of thousands of jobs across the country. Goldman Sachs recognized the partnership's importance in revitalizing nuclear supply chains, reinforcing the buy rating on CCJ. The initiative will establish the United States as a global nuclear leader and boost Westinghouse's tech exports. Data center power consumption is surging, driving demand for new power plants. WHAM's subscribers, who followed the nuclear policy analysis, have seen significant returns on their CCJ investments. WHAM advises reducing CCJ exposure while suggesting other nuclear component companies, such as Nano Nuclear, as future opportunities.