From Nasdaq: 2025-06-06 14:42:00

Shares of Centrus Energy (NYSE: CCJ) surged 11.5% this week, outperforming the S&P 500 and Nasdaq-100 indexes. The increase followed a major deal between Meta Platforms and Constellation Energy, as well as a buy rating from Bank of America. Meta signed a deal to access energy from a nuclear reactor in Illinois to support its AI operations, highlighting the growing demand for nuclear power in the tech industry. Centrus, a provider of enriched uranium, stands to benefit from this trend as one of the few licensed producers in the U.S.

Centrus Energy is well-positioned to capitalize on the increasing demand for nuclear power, with a strong market position as a licensed uranium producer in the U.S. Despite the stock not being cheap, the company’s future income potential justifies the investment. The Motley Fool’s Stock Advisor team identified Centrus Energy as a potential opportunity, although it didn’t make their top 10 stock picks. Consider joining Stock Advisor to access their latest recommendations and potentially high returns in the market.



Read more at Nasdaq: Why Centrus Energy Stock Soared Higher This Week