Is Centrus Energy the Ultimate Pick-and-Shovel Play on the Nuclear Technology Boom?

Key Points The nuclear fuel operator is expanding production amid the U.S. ban on Russian uranium imports. Centrus has the only U.S. facility licensed and able to produce a crucial fuel for advanced reactors. These reactors should come on line in the 2030s, and Centrus must undergo a costly expansion. 10 stocks we like better than Centrus Energy › Nuclear energy is making a comeback. Governments worldwide are renewing their support, with several committing to triple their nuclear capacity by 2050. Meanwhile, next-generation small modular reactors (SMRs) could begin arriving in the 2030s. Many of these advanced reactors require a specialized fuel that remains in short supply. That's where Centrus Energy (NYSE: LEU) sees its opportunity.