https://www.zerohedge.com/markets/long-term-prospects-bode-well-nuclear-goldman-says-after-trump-signs-executive-orders
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by Tyler Durden
Sunday, May 25, 2025 – 11:15 AM
Following President Trump’s signing of multiple executive orders accelerating development of the nuclear industry, Goldman Sachs was out with a note maintaining a positive outlook on the nuclear energy sector, especially in the near to medium term, focusing on opportunities related to uranium fuel supply and the upstream part of the nuclear value chain.
In the note, Goldman, led by analyst Brian Lee, reiterates its Buy rating on Cameco Corporation while also seeing potential in companies focused on small modular reactor (SMR) technologies.
Goldman Sachs believes the new orders could be beneficial for Cameco, a major uranium producer, as increased demand for nuclear power generation would likely raise the need for physical uranium and related fuel conversion services. This impact would be more visible over the longer term.
In the shorter term, Goldman highlights the potential benefit to Westinghouse, in which Cameco holds a 49 percent stake. Westinghouse could see more immediate gains if its reactor technology, particularly the AP1000 design, is selected for upcoming nuclear projects.