Why I'm holding $CCO for the next 2 decades☢️🚀
Everyone's talking about AI chips and software. Nobody's talking about what powers them.
Here's the thesis:
⚡ AI data centres consume 10x more electricity than traditional servers
☢️ Nuclear is the only carbon-free baseload solution that doesn't flicker
🏭 Microsoft, Google, Meta and Amazon are all signing 20-year nuclear power agreements RIGHT NOW
🌍 US banned Russian uranium imports — Western suppliers like Cameco are the only alternative
The numbers that locked me in:
• Cameco's uranium realized price: $34/lb in 2021 → $66/lb in 2026 — nearly doubled
• Long-term contract prices heading toward $100/lb
• 230 million pounds of uranium already contracted through 2030
• 49% ownership of Westinghouse — every reactor built = more uranium demand for CCO
• CEO Tim Gitzel: "The AI, the data centres, the hyperscalers — I've never seen anything like it in my career"
• US planning 10 new reactors by 2030
• Supply is NOT keeping pace with demand — that gap only grows
This isn't a 3-year trade. It's a 20-year structural shift.
The world needs 3x more electricity by 2050. Renewables can't do it alone. Nuclear is the answer. Uranium is the fuel. Cameco owns the mines.
I'm 23. I'm holding CCO until I'm 43. By then the nuclear renaissance will be undeniable.
Roast me or back me 👇
#CCO #Cameco #Nuclear #Uranium #TFSA #LongTermInvesting #AI #CanadianInvestor
(Ai generated)
CCO for the next 2+ Decades
24 votes · 6d left
