3 Nuclear Energy Stocks For Energy Security And AI Power Demand

Oil prices tied to US Iran risks and the Strait of Hormuz are back in focus, and that keeps attention on energy security rather than just energy prices. Investors are asking how to find power sources that are steady, low carbon, and less exposed to fuel supply shocks. Nuclear energy stocks offer one possible answer. This article highlights three nuclear energy stocks from our screener that stand out right now.

The three nuclear energy stocks below are just a sample of what investors are looking at, and the full screen surfaced 55 more companies with equally compelling narratives that are not covered here. To identify and analyze the highest conviction ideas in this theme, head straight into the Nuclear Energy Stocks screener.

WSP Global (TSX:WSP)

WSP Global is a Montreal based consulting and engineering group that helps governments and companies plan, design, and manage large infrastructure, environmental, and energy projects, including lower carbon and nuclear related work. It generates most of its revenue in the Americas at about CA$9.0b, followed by EMEIA at about CA$5.5b, Canada at about CA$2.9b, and APAC at about CA$2.0b. The company is large for a professional services firm, with a market cap of roughly CA$25.6b.

WSP Global operates at the crossroads of energy transition, digital infrastructure, and public spending, with a CA$20.1b backlog and recent earnings growth that outpaced the broader construction sector. The company is increasing its focus on higher margin advisory and environmental work, supported by acquisitions and investment in analytics and AI, yet still carries risks related to integration, high debt, and reliance on public sector budgets. Recent results show rising margins and strong demand from power, data centers, and water projects, while analysts remain constructive on the stock and its long term earnings potential. Investors who care about nuclear and grid related infrastructure may want to look more closely at how WSP’s mix, risks, and valuation fit their own expectations for the sector.

WSP Global sits where energy transition, digital infrastructure, and public spending intersect, yet the real story may be how expectations line up with its earnings path. Get the analyst forecasts for WSP Global to see what the market might be missing.

Build your own nuclear infrastructure shortlist

WSP Global and the two other stocks in this article all came from the same screener, and you can set up your own filters just as easily. Use our flexible Screener to mix valuation, future growth, balance sheet and risk filters to suit your style, or tap into our curated Investing Ideas for ready made shortlists.

Bird Construction (TSX:BDT)

Bird Construction is a Canadian contractor that builds and maintains complex industrial sites, infrastructure, and institutional buildings, from mines and hydro facilities to hospitals, schools, and data centers. It generates all of its CA$3.5b revenue from the general contracting sector in Canada, keeping the business closely tied to domestic capital spending and public infrastructure programs. The company is mid sized, with a market cap of about CA$3.7b.

Bird Construction sits in the flow of Canada’s spending on infrastructure, energy transition, and data center buildouts, including a recent Bell Canada AI data center partnership and roughly CA$1b of new awards across nuclear and civil projects. The company has highlighted the role of higher margin green and specialized contracts and a growing stream of recurring maintenance work, yet recent margin compression and a full looking P/E mean execution is important from here. For investors focused on nuclear and energy infrastructure, the mix of record backlog, active M&A, and a long operating history since 1920 makes Bird a candidate for closer review to see whether its plans and risk profile match personal expectations.

Bird Construction’s record backlog and green contract focus have many investors watching the story, yet the full picture is not obvious. Read the 2 key rewards and 1 important warning sign and see what could shift sentiment next.

Energy Fuels (TSX:EFR)

Energy Fuels is a Lakewood, Colorado based producer focused on uranium, rare earth elements, and heavy mineral sands used in nuclear fuel and advanced magnets. The business currently generates about US$106 million of revenue from uranium, and it carries a market cap of roughly CA$4.9b, which puts it firmly in mid cap territory for Canadian investors.

Energy Fuels sits at the center of two themes that matter for nuclear investors: secure uranium supply and building a western rare earth chain from mine to magnet. The company is still lossmaking. Analysts see a potential path to profitability within 3 years and highlight a debt free balance sheet, a conditional US$725 million government loan for its White Mesa Mill expansion, and progress on major acquisitions that aim to create an integrated rare earth platform. The catch is heavy reliance on future project funding, policy support, and reliable feedstock, so the risk reward mix hinges on how much confidence you have in those moving parts coming together.

Energy Fuels pairs a debt free balance sheet with big uranium and rare earth ambitions, yet the real story sits in how analysts frame the next few years. Read the analyst forecasts for Energy Fuels and see what could change if one assumption breaks.

Seeking Fresh Alternatives Beyond Nuclear?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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