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
€78.89
-0.740%
With 30 Buy predictions and 1 Sell predictions Cameco Corp. is one of the favorites of our community.
As a result the target price of 86 € shows a slightly positive potential of 9.01% compared to the current price of 78.89 € for Cameco Corp..
