Better Nuclear Energy Stock: Cameco vs. Oklo
Goldman Sachs reports that data centers, powering the innovative artificial intelligence (AI) algorithms, could cause power demand from data centers to increase by 165% by 2030. While renewable energy sources are on the rise, they'll likely fall short of meeting this escalating demand on their own.
Enter nuclear energy. With its reliability and established infrastructure, nuclear energy is gaining momentum worldwide.
Two standout stocks that have surged over the past year in this industry are (NYSE: CCJ) and (NYSE: OKLO). Despite both operating within the nuclear space, they couldn't be more different. Here's what investors need to know and which is a better buy today.
Source Fool.com
Cameco Corp. Stock
€79.81
2.260%
The stock is one of the favorites of our community with 28 Buy predictions and 1 Sell predictions.
With a target price of 86 € there is a slightly positive potential of 7.76% for Cameco Corp. compared to the current price of 79.81 €.
