Bird Construction And 2 Top Nuclear Energy Stocks

Oil prices have surged again, feeding inflation expectations and lifting bond yields in major economies. That puts fresh attention on energy security and on power sources that do not rely on fossil fuels. For investors, this creates a window to look at companies tied to 24/7, low carbon electricity that can support energy hungry AI data centers. This article highlights three stocks from our nuclear power infrastructure screen.

The three stocks featured below are just a sample of the nuclear infrastructure opportunities linked to AI era power demand, with the full screen surfacing 88 more companies that carry equally compelling narratives around long term energy contracts and grid security. To identify and analyze the highest conviction nuclear energy infrastructure plays that fit your own risk and return preferences, head straight into the Nuclear Renaissance screener.

Bird Construction (TSX:BDT)

Bird Construction is a Canadian contractor focused on industrial, building and infrastructure projects, with a specialist capability in constructing and retrofitting nuclear and hydroelectric facilities, underground utilities and high voltage grid infrastructure that ties directly into the Nuclear Renaissance theme. The company reports all of its CA$3.7b in revenue through a broad general contracting segment in Canada, so nuclear and power work is a distinct but smaller part of a diversified portfolio that also includes data centers, hospitals and transport projects. Bird Construction has a market cap of about CA$3.8b.

Investors looking at long term power demand for AI data centers and low carbon grids may find Bird Construction interesting because it already works on nuclear retrofits, hydro facilities and high voltage infrastructure, alongside a record infrastructure backlog highlighted in recent quarterly updates. The balance of higher margin, green infrastructure projects and growing recurring service contracts offers an appealing mix of growth and cash flow stability. Recent project awards linked to nuclear and AI data center related work point to clear theme exposure. The flip side is pressure on net margins and reliance on large, delayed capital projects, which means project execution, funding conditions and backlog quality are critical to watch if you are weighing Bird Construction against other Nuclear Renaissance plays.

Bird Construction’s mix of nuclear retrofits, hydro projects and data center work suggests a story investors may be underestimating. Get the full picture on backlog quality, margins and contract risk in the analysis report for Bird Construction

NANO Nuclear Energy (NNE)

NANO Nuclear Energy is a US based nuclear energy company developing compact modular reactors such as the KRONOS high temperature gas cooled reactor and LOKI microreactor that are aimed at providing round the clock, carbon free power for data centers and other energy intensive users. It is also working on reactor designs like ZEUS and ODIN, alongside plans for a high assay low enriched uranium fuel processing facility and related fuel transport and consulting services. NANO Nuclear Energy currently has a market cap of about US$982 million.

Investors focused on the Nuclear Renaissance theme may see NANO Nuclear Energy as a pure play on microreactors that could directly serve AI data centers and off grid industrial loads, with KRONOS and LOKI at the center of that story. Recent steps such as a framework for gigawatt scale US data center zones, a UAE partnership for desert data centers and NRC progress on a University of Illinois prototype start to put real world anchors around the long term vision. The catch is that the company is still loss making with no current revenue and depends heavily on future licensing, fuel supply build out and large customer deals. For anyone willing to accept those execution and funding risks, NANO Nuclear Energy offers exposure to one of the most ambitious nuclear power concepts in the screen.

NANO Nuclear Energy focuses on aggressive reactor concepts tied to data center power, yet the real story lies in the balance between ambition and execution risk. Get the fuller picture in the analysis report for NANO Nuclear Energy

Oklo (OKLO)

Oklo is a US based nuclear power company developing its Aurora Powerhouse small modular reactors, which are designed to supply 15 to 75 megawatts of round the clock, carbon free electricity for energy hungry AI data centers and regional grids. It is also working on fuel recycling and fabrication technologies that aim to turn used nuclear fuel into fresh fuel for its reactors, tying the business directly to long term nuclear infrastructure rather than one off equipment sales. Oklo has a market cap of about US$7.5b.

For investors focused on the Nuclear Renaissance theme, Oklo offers a concentrated way to gain exposure to long term nuclear power contracts for AI data centers and grids through its Aurora Powerhouse SMRs, backed by early agreements such as the long dated deal with Switch and a 1.2 GW Ohio campus with Meta. The company carries meaningful risks, including minimal current revenue, ongoing losses, heavy reliance on external funding and the need to clear further regulatory and execution hurdles before reactors operate at scale. Oklo’s large cash position, partnerships with Big Tech and progress on fuel recycling and isotope projects give it enough substance that investors who want deeper context on contract quality, timelines and dilution risk may want to look closer at how this story could unfold over the next decade.

Oklo’s AI linked reactor story is accelerating, yet most investors still focus only on headlines about deals and regulation. The real kicker sits in the analyst forecasts for Oklo and how those timelines could reshape expectations

Seeking Alternatives Before The Crowd

Fresh themes keep breaking out while older ideas lose momentum and get caught by profit taking. Scan what is still flying under the radar for now and act now.

• Spot early movers in cash generative small caps and scan the 10 high quality undervalued stocks before prices reflect the quality that others have not fully noticed yet.
• Ride the build out of AI infrastructure and review the 55 AI infrastructure stocks while these enablers of data center growth are still treated as background utilities.
• Target resilient earners that can handle shocks and filter through the 11 resilient stocks with low risk scores to see which companies keep balance sheets and volatility under control.

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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