Goldman Sachs Initiates Coverage on Cameco Corporation (CCJ) with a ‘Buy’ Rating, Share Price Rises

Cameco Corporation (NYSE:CCJ) is one of the 11 Best Nuclear Energy Stocks to Invest in Right Now.

After Goldman Sachs began covering with a ‘Buy’ rating on September 16, 2025, Cameco Corporation (NYSE:CCJ) rose among nuclear energy stocks, pushing nuclear equities up about 10% in contrast to the S&P 500’s 0.47% increase.

In addition to pointing to triggers like new UF6 contracts that would facilitate the reopening of the Springfields facility in the U.K., Goldman highlighted Cameco Corporation (NYSE:CCJ)’s excellent fundamentals, which include 34.68% revenue growth and strong operational metrics.

As part of larger U.S.-U.K. technology and energy agreements announced prior to President Trump’s visit, the bank also highlighted three small modular reactor agreements for deployment in the U.K., highlighting the rising demand for nuclear fuel around the world. U.S. Cameco Corporation (NYSE:CCJ)’s outlook gained pace when Energy Secretary Wright’s remarks at the International Atomic Energy Agency conference reaffirmed the significance of local uranium and enrichment capacity.

Through its Westinghouse, Fuel Services, and Uranium segments, Cameco Corporation (NYSE:CCJ) supplies uranium for the production of power. It is a well-known brand for investors who follow Nuclear Energy Stocks since it provides uranium and fuel products to nuclear utilities in the Americas, Europe, and Asia. It is one of the Best Utility Stocks.

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Disclosure: None.