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Cameco’s (CCJ) Westinghouse Unit Poised for New Nuclear Reactor Deals

Cameco Corporation (NYSE:CCJ) ranks among the best energy stocks with huge upside potential. UBS began coverage of Cameco Corporation (NYSE:CCJ) on November 10 with a Neutral rating and a C$140 price target, citing recent price gains in spite of favorable industry fundamentals. UBS anticipates a substantial increase in Cameco’s profitability this decade as the energy giant recontracts supplies at ever-higher spot prices and its Westinghouse unit secures contracts on new-build nuclear reactors.

Although the firm is “on the sidelines given the recent momentum and trading premium” since the stock is trading close to full value on a number of valuation metrics, it anticipates that spot uranium prices will rise in 2026, possibly due to an inventory restocking cycle.

This follows Cameco Corporation’s financial results for the third quarter of 2025, which highlighted a mixed performance. The company reported earnings per share of $0.07, which was much lower than the expected $0.23, culminating in a 69.57% negative surprise. Cameco’s revenue, however, topped forecasts, reaching $615 million contrary to the expected $568 million.

Cameco Corporation (NYSE:CCJ) provides uranium for the generation of electricity. It operates through three segments: Uranium, Fuel Services, and Westinghouse.

While we acknowledge the potential of CCJ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CCJ and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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