With inflation, interest rate debates and energy prices all in focus, many investors are looking for themes that offer both long term relevance and clear business models. Nuclear energy stocks sit right at that intersection. The Nuclear Energy Stocks screener helps you filter a wide universe of uranium producers, fuel suppliers and reactor operators into a focused watchlist that matches this theme. It cuts through noise so you can focus on fundamentals, business quality and balance sheet strength. In this article, you will see 3 stocks from this nuclear energy screener to research further.
Cameco (TSX:CCO)
Overview: Cameco is a Canadian headquartered nuclear fuel company that supplies uranium and related services to power utilities, from mining and milling ore to refining, conversion, fuel fabrication and services through its Westinghouse stake.
Operations: Cameco generates revenue mainly from its Uranium segment at about CA$3.0b and its Westinghouse segment at about CA$3.6b, with additional contributions from Fuel Services at roughly CA$0.6b.
Market Cap: CA$54.9b
Investors considering nuclear energy as a long term theme may find Cameco interesting because it sits across the full fuel cycle, from high grade mines like Cigar Lake to its 49% Westinghouse stake in reactor technology and services. The company has reported very strong recent earnings growth, rising profit margins and forecasts for revenue and earnings that are ahead of the wider Canadian market. However, the current P/E is high and the stock trades above one DCF estimate. Recent mine interruptions and expectations for near term EPS declines illustrate how sensitive results can be to operational issues and contract timing. This makes the structure of the underlying long term contracts and the sector’s policy environment particularly important to understand.
Cameco’s full fuel cycle story, from uranium mines to Westinghouse, can make the headline numbers feel only half complete. Get the analysis report for Cameco to see how that premium P/E and recent mine issues really fit together.
WSP Global (TSX:WSP)
Overview: WSP Global is a Montreal based consulting and engineering company that helps governments and businesses plan, design and manage major infrastructure, environmental and energy projects, from rail and airports to water systems and nuclear facilities.
Operations: WSP Global generates revenue across several regions, with about CA$8.4b from the Americas, CA$5.3b from EMEIA, CA$2.8b from Canada and CA$2.0b from the Asia Pacific region.
Market Cap: CA$23.2b
Investors looking at nuclear and broader energy infrastructure may find WSP Global interesting because it sits where long term sustainability goals meet complex engineering work. The company is leaning into higher margin advisory, environmental and digital projects, supported by acquisitions and partnerships in areas like AI and data centers. It is also working from a sizeable CA$16.3b backlog and has reaffirmed 2026 revenue guidance. At the same time, heavy use of debt, reliance on public sector budgets and ongoing integration of acquired businesses add execution risk. That mix of strong earnings momentum, slower revenue growth and meaningful risk trade offs is where the real story starts for WSP.
WSP Global’s earnings momentum and CA$16.3b backlog suggest the story is only half told. Review the analyst forecasts for WSP Global to see how guidance, acquisitions and debt could quietly reshape the outcome.
Bird Construction (TSX:BDT)
Overview: Bird Construction is a Canadian construction company that builds and maintains complex projects across industrial facilities, public infrastructure, data centers and institutional buildings, while also providing electrical, mechanical and civil services to sectors such as nuclear, energy, resources and transportation.
Operations: Bird Construction generates about CA$3.5b in revenue from general contracting in Canada.
Market Cap: CA$3.9b
Bird Construction sits at the crossroads of Canada’s push into green infrastructure, nuclear projects and AI data centers, with a record backlog and roughly CA$1.0b in recent awards that include marine, energy and education contracts. The company is focusing on higher margin, specialized work and recurring maintenance agreements, which could support more stable earnings over time even as recent margins compressed to 1.4% and earnings fell over the past year. Forecast revenue and earnings growth currently outpace the wider Canadian market, although the high P/E and reliance on external borrowing raise questions about how much positive information is already reflected in the share price. The key question for investors is how that growing backlog and new debt structure will translate into future returns.
Bird Construction’s record backlog and higher margin focus could be masking the real story. Use the analyst forecasts for Bird Construction to see whether that new debt structure is a launchpad or a pressure point investors are missing.
The three nuclear energy stocks in this article are just a starting point, since the full Nuclear Energy Stocks screener surfaces 54 more companies with equally compelling stories across uranium production, fuel services and reactor projects. Use Simply Wall St to identify and analyze the specific catalysts and narratives that matter to you so you can focus on the highest conviction opportunities in this theme.
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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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