<h2>关键要点</h2>
<ul>
<li>Cameco 是北美领先的铀生产商，投资于高品位矿山和核能价值链。</li>
<li>GE Vernova 是一家主要的电力设备供应商，通过其小型模块化反应堆技术扩大其核能业务。</li>
<li>BWX Technologies 专注于制造核设备和燃料，是美国政府值得信赖的承包商。</li>
<li>我们更看好的 10 只股票 ›</li>
</ul>
<p>核能正在强势回归。随着由尖端人工智能（AI）数据中心推动的能源需求激增，核能作为世界所需的清洁、可靠的基荷电源脱颖而出。</p>
<p>顶尖科技公司正在拥抱核能。同时，全球支持扩大核能能力，各国承诺到 2050 年将核能产能增加三倍。在行业强劲的顺风下，这里有三只可以放心购买并持有数十年的坚实核能股票。</p>
<p><em><strong>人工智能会创造出世界首位万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家鲜为人知的公司报告，该公司被称为 “不可或缺的垄断”，提供 Nvidia 和 Intel 都需要的关键技术。<strong>继续 »</strong></em></p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg1ODc4MC9jb29saW5nLXRvd2Vycy1hdC1wbGFudC1udWNsZWFyLWVuZXJneS1nZXR0eS5qcGcCNnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg1ODc4MC9jb29saW5nLXRvd2Vycy1hdC1wbGFudC1udWNsZWFyLWVuZXJneS1nZXR0eS5qcGcCNnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. Cameco 是一家在核能价值链上有投资的北美矿业公司</h2>
<p><strong>Cameco</strong>（NYSE: CCJ）独特地定位为北美最大的铀和核燃料产品供应商之一。该公司拥有强大的资产基础，包括在加拿大的高品位矿山投资，如麦克阿瑟河和雪茄湖，以及如基湖的铀冶炼厂。它还持有位于哈萨克斯坦的世界最大铀矿床之一的合资企业 Inkai 的 40% 股份。</p>
<p>除了矿业，Cameco 还在核燃料价值链和核能基础设施上有投资。该公司在安大略省运营着世界上最大的商业铀冶炼厂——盲河冶炼厂。此外，它还持有西屋电气公司的 49% 股份，西屋电气是全球约 50% 核反应堆的原始设备制造商。</p>
<p>该矿业公司拥有一系列锁定未来收入的合同，因此不依赖于波动的现货市场，但仍保持对价格上涨的部分暴露。随着旧的价格合同到期，公司在铀价上涨时捕获更大的上行空间。公司承诺交付 2.3 亿磅铀，合同保证在未来五年内平均每年交付约 2800 万磅。</p>
<p>Cameco 作为一家主要的铀矿商，拥有高品位资产和长期合同，确保未来收入。作为北美顶级矿商，加上其在西屋电气的股份，使其能够参与正在进行的核能建设，成为投资者可以长期购买和持有的顶级核能股票。</p>
<h2>2. GE Vernova 的电力设备包括小型模块化反应堆</h2>
<p><strong>GE Vernova</strong>（NYSE: GEV）是一家主要的电力设备供应商，其设备的装机容量大约占全球电力的 25%。其庞大的规模为其提供了高利润的服务合同机会，产生长期、持续的收入。到 2026 年，公司剩余的履约义务为 1500 亿美元，其中 860 亿美元来自长期服务合同。</p>
<p>该公司在其更广泛的电力部门内拥有一个小但不断增长的核能业务。它将核能视为未来的基础碳中性基荷电源，并希望通过其小型模块化反应堆技术 BWRX-300 来推进这一目标。其核电业务单位去年增长了 24%，全年收入超过 10 亿美元。</p>
<p>GE Vernova 的核技术开发目前对其电力部门的整体利润率造成拖累，因为它需要额外支出以支持大量的研发和工程投资。公司正在与公用事业供应商、超大规模客户以及小型模块化反应堆将在 2030 年代对收入产生重要贡献的项目进行讨论。</p>
<p>鉴于其在电力设备领域的强大市场地位和新兴的核能业务，GE Vernova 是另一只值得购买并持有数十年的优秀核能股票。</p>
<h2>3. BWX Technologies 是美国政府的重要合作伙伴</h2>
<p><strong>BWX Technologies</strong>（NYSE: BWXT）不拥有或运营核电站。相反，它制造核能和核医学所需的复杂专业设备和燃料。其主要收入来源于为核反应堆和为美国海军潜艇和航空母舰提供核燃料的工程、设计和制造服务。</p>
<p>BWX 的吸引力在于其作为值得信赖的政府承包商的地位以及其不断扩大的商业业务。作为与美国政府合作的一部分，该公司执行敏感的核任务，包括重新建立国内铀浓缩能力以支持国家防御。此外，其子公司核燃料服务是美国海军核燃料的唯一供应商。</p>
<p>此外，它还有一个快速增长的商业部门，服务于能源和医疗行业。它是北美唯一的重型核组件商业制造商，如大型蒸汽发生器和压力容器。它还专注于制造制药公司用于诊断和治疗癌症的放射性同位素。</p>
<p>BWX Technologies 作为美国政府的可信合作伙伴，独特地处于有利位置，其国防合同为其提供了稳定的长期收入。同时，核能需求的增长为其商业扩展提供了上行空间，使其成为另一个值得长期持有的优秀核能股票。</p>
<h2>你现在应该购买 Cameco 的股票吗？</h2>
<p>在你购买 Cameco 的股票之前，请考虑以下几点：</p>
<p><em>Motley Fool Stock Advisor</em> 分析团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong>，供投资者现在购买……而 Cameco 并不在其中。这 10 只股票有可能在未来几年产生巨额回报。</p>
<p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日上榜时……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 522,791 美元</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日上榜时……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 1,132,678 美元</strong>！*</p>
<p>现在值得注意的是，<em>Stock Advisor</em> 的总平均回报率为 952%——相比之下，标准普尔 500 指数的回报率为 191%，表现出色。<strong>不要错过最新的前 10 名股票列表，加入由个人投资者为个人投资者建立的投资社区，获取 <em>Stock Advisor</em> 的最新信息。</strong></p>
<p><strong>查看这 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回报截至 2026 年 3 月 11 日。</em></p>
<p><em>Courtney Carlsen 持有 Cameco 和 GE Vernova 的股份。Motley Fool 持有并推荐 BWX Technologies、Cameco 和 GE Vernova。Motley Fool 有披露政策。</em></p>
<p>此处表达的观点和意见仅代表作者的观点和意见，并不一定反映 Nasdaq, Inc. 的观点。</p>

BWXT

<p>这篇文章强调了三只值得考虑的长期投资的核能股票：1) Cameco，北美领先的铀生产商，拥有重要资产和长期合同；2) GE Vernova，主要的电力设备供应商，通过小型模块化反应堆扩大其核能业务；3) BWX Technologies，核设备和燃料的主要供应商，主要服务于美国政府。随着对清洁能源需求的上升，核能行业正在获得动力，全球承诺到 2050 年扩大核能产能</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键要点</h2>
</div><ul>
<li>Cameco is a leading uranium producer in North America with investments in high-grade mines and across the nuclear value chain.</li>
<li>GE Vernova is a major power equipment provider expanding its nuclear energy footprint through its small modular reactor technology.</li>
<li>BWX Technologies specializes in manufacturing nuclear equipment and fuel, and is a trusted contractor for the U.S. government.</li>
<li>10 stocks we like better than Cameco ›</li>
</ul>
<div class="lb-trans"><ul>
<li>Cameco 是北美领先的铀生产商，投资于高品位矿山和核能价值链。</li>
<li>GE Vernova 是一家主要的电力设备供应商，通过其小型模块化反应堆技术扩大其核能业务。</li>
<li>BWX Technologies 专注于制造核设备和燃料，是美国政府值得信赖的承包商。</li>
<li>我们更看好的 10 只股票 ›</li>
</ul>
</div><p>Nuclear energy is making a powerful comeback. As demand for energy surges, driven by cutting-edge artificial intelligence (AI) data centers, nuclear energy stands out as a clean, dependable baseload power source the world needs.</p>
<div class="lb-trans"><p>核能正在强势回归。随着由尖端人工智能（AI）数据中心推动的能源需求激增，核能作为世界所需的清洁、可靠的基荷电源脱颖而出。</p>
</div><p>Top technology companies are embracing nuclear energy. Meanwhile, there is global support to expand nuclear energy capabilities, with countries committed to tripling nuclear capacity by 2050. With strong tailwinds behind the industry, here are three rock-solid nuclear energy stocks you can confidently buy and hold for decades.</p>
<div class="lb-trans"><p>顶尖科技公司正在拥抱核能。同时，全球支持扩大核能能力，各国承诺到 2050 年将核能产能增加三倍。在行业强劲的顺风下，这里有三只可以放心购买并持有数十年的坚实核能股票。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能会创造出世界首位万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家鲜为人知的公司报告，该公司被称为 “不可或缺的垄断”，提供 Nvidia 和 Intel 都需要的关键技术。<strong>继续 »</strong></em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg1ODc4MC9jb29saW5nLXRvd2Vycy1hdC1wbGFudC1udWNsZWFyLWVuZXJneS1nZXR0eS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F858780%2Fcooling-towers-at-plant-nuclear-energy-getty.jpg&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>1. Cameco is a North American miner with exposure to the nuclear value chain</h2>
<div class="lb-trans"><h2>1. Cameco 是一家在核能价值链上有投资的北美矿业公司</h2>
</div><p><strong>Cameco</strong>(NYSE: CCJ) is uniquely positioned as one of the largest providers of uranium and nuclear fuel products with operations in North America. The company has a robust asset base, including investments in high-grade mines in Canada, such as McArthur River and Cigar Lake, as well as mills such as Key Lake. It also holds a 40% stake in Joint Venture Inkai, one of the world's largest uranium deposits, located in Kazakhstan.</p>
<div class="lb-trans"><p><strong>Cameco</strong>（NYSE: CCJ）独特地定位为北美最大的铀和核燃料产品供应商之一。该公司拥有强大的资产基础，包括在加拿大的高品位矿山投资，如麦克阿瑟河和雪茄湖，以及如基湖的铀冶炼厂。它还持有位于哈萨克斯坦的世界最大铀矿床之一的合资企业 Inkai 的 40% 股份。</p>
</div><p>Outside of mining, Cameco also has investments across the nuclear fuel value chain and nuclear energy infrastructure. The company operates the Blind River refinery in Ontario, the world's largest commercial uranium refinery. In addition, it holds a 49% ownership stake in Westinghouse Electric Company, the original equipment manufacturer for about 50% of the global nuclear reactor fleet.</p>
<div class="lb-trans"><p>除了矿业，Cameco 还在核燃料价值链和核能基础设施上有投资。该公司在安大略省运营着世界上最大的商业铀冶炼厂——盲河冶炼厂。此外，它还持有西屋电气公司的 49% 股份，西屋电气是全球约 50% 核反应堆的原始设备制造商。</p>
</div><p>The miner has a backlog of contracts that lock in future revenue, so it doesn't rely on the volatile spot market but still maintains some exposure to rising prices. As older price contracts roll off, the company is capturing greater upside as uranium prices rise. The company has commitments to deliver 230 million pounds of uranium, and the contracts guarantee an average annual delivery of about 28 million pounds over the next five years.</p>
<div class="lb-trans"><p>该矿业公司拥有一系列锁定未来收入的合同，因此不依赖于波动的现货市场，但仍保持对价格上涨的部分暴露。随着旧的价格合同到期，公司在铀价上涨时捕获更大的上行空间。公司承诺交付 2.3 亿磅铀，合同保证在未来五年内平均每年交付约 2800 万磅。</p>
</div><p>Cameco is well-positioned as a major uranium miner with high-grade assets and long-term contracts that secure future revenue. Its position as a top miner in North America, along with its stake in Westinghouse Electric, provides it with exposure to the ongoing nuclear energy buildout, making it a top nuclear stock for investors to buy and hold long-term.</p>
<div class="lb-trans"><p>Cameco 作为一家主要的铀矿商，拥有高品位资产和长期合同，确保未来收入。作为北美顶级矿商，加上其在西屋电气的股份，使其能够参与正在进行的核能建设，成为投资者可以长期购买和持有的顶级核能股票。</p>
</div><h2>2. GE Vernova's power equipment includes small modular reactors</h2>
<div class="lb-trans"><h2>2. GE Vernova 的电力设备包括小型模块化反应堆</h2>
</div><p><strong>GE Vernova</strong>(NYSE: GEV) is a major power equipment provider with an installed base of equipment that generates roughly 25% of the world's electricity. Its massive scale provides it with an opportunity for highly profitable service contracts that generate long-term, recurring revenue. In 2026, it entered the year with $150 billion in remaining performance obligations, of which $86 billion is from long-term service contracts.</p>
<div class="lb-trans"><p><strong>GE Vernova</strong>（NYSE: GEV）是一家主要的电力设备供应商，其设备的装机容量大约占全球电力的 25%。其庞大的规模为其提供了高利润的服务合同机会，产生长期、持续的收入。到 2026 年，公司剩余的履约义务为 1500 亿美元，其中 860 亿美元来自长期服务合同。</p>
</div><p>The company has a small but growing nuclear energy business within its broader power segment. It sees nuclear energy as a foundational carbon-free baseload power source of the future and looks to advance this with its small modular reactor technology, BWRX-300. Its nuclear power business unit grew 24% last year, with full-year revenue topping $1 billion.</p>
<div class="lb-trans"><p>该公司在其更广泛的电力部门内拥有一个小但不断增长的核能业务。它将核能视为未来的基础碳中性基荷电源，并希望通过其小型模块化反应堆技术 BWRX-300 来推进这一目标。其核电业务单位去年增长了 24%，全年收入超过 10 亿美元。</p>
</div><p>GE Vernova's nuclear technology development is a drag on its power segment's overall margins right now, as it incurs additional expenses to support heavy research and development and engineering investments. The company is engaging in discussions with utility providers, hyperscale customers, and projects where SMRs will meaningfully contribute to revenue in the 2030s.</p>
<div class="lb-trans"><p>GE Vernova 的核技术开发目前对其电力部门的整体利润率造成拖累，因为它需要额外支出以支持大量的研发和工程投资。公司正在与公用事业供应商、超大规模客户以及小型模块化反应堆将在 2030 年代对收入产生重要贡献的项目进行讨论。</p>
</div><p>Given its strong market position in power equipment and its budding nuclear energy business, GE Vernova is another excellent nuclear energy stock to buy and hold for decades.</p>
<div class="lb-trans"><p>鉴于其在电力设备领域的强大市场地位和新兴的核能业务，GE Vernova 是另一只值得购买并持有数十年的优秀核能股票。</p>
</div><h2>3. BWX Technologies is a crucial partner for the U.S. government</h2>
<div class="lb-trans"><h2>3. BWX Technologies 是美国政府的重要合作伙伴</h2>
</div><p><strong>BWX Technologies</strong>(NYSE: BWXT) doesn't own or operate nuclear power plants. Instead, it manufactures the complex, specialized equipment and fuel required to make nuclear power and nuclear medicine work. Its primary revenue stream comes from providing engineering, design, and manufacturing services for nuclear reactors and nuclear fuel that power U.S. Navy submarines and aircraft carriers.</p>
<div class="lb-trans"><p><strong>BWX Technologies</strong>（NYSE: BWXT）不拥有或运营核电站。相反，它制造核能和核医学所需的复杂专业设备和燃料。其主要收入来源于为核反应堆和为美国海军潜艇和航空母舰提供核燃料的工程、设计和制造服务。</p>
</div><p>What makes BWX compelling is its position as a trusted government contractor and its expanding commercial business. As part of its work with the U.S. government, the company performs sensitive nuclear tasks, including re-establishing domestic uranium enrichment capabilities for national defense. On top of that, its subsidiary, Nuclear Fuel Services, is the sole provider of nuclear fuel for the U.S. Navy.</p>
<div class="lb-trans"><p>BWX 的吸引力在于其作为值得信赖的政府承包商的地位以及其不断扩大的商业业务。作为与美国政府合作的一部分，该公司执行敏感的核任务，包括重新建立国内铀浓缩能力以支持国家防御。此外，其子公司核燃料服务是美国海军核燃料的唯一供应商。</p>
</div><p>In addition, it has a rapidly growing commercial segment serving the energy and medical industries. It is the only commercial manufacturer of heavy nuclear components, such as massive steam generators and pressure vessels, in North America. It also specializes in manufacturing radioactive isotopes used by pharmaceutical companies to diagnose and treat cancer.</p>
<div class="lb-trans"><p>此外，它还有一个快速增长的商业部门，服务于能源和医疗行业。它是北美唯一的重型核组件商业制造商，如大型蒸汽发生器和压力容器。它还专注于制造制药公司用于诊断和治疗癌症的放射性同位素。</p>
</div><p>BWX Technologies is uniquely positioned as a trusted partner of the U.S. government, with defense contracts that provide it with a steady stream of long-term revenue. Meanwhile, the growing demand for nuclear energy provides an upside as it expands commercially, making it another excellent nuclear energy stock to hold for the long haul.</p>
<div class="lb-trans"><p>BWX Technologies 作为美国政府的可信合作伙伴，独特地处于有利位置，其国防合同为其提供了稳定的长期收入。同时，核能需求的增长为其商业扩展提供了上行空间，使其成为另一个值得长期持有的优秀核能股票。</p>
</div><h2>Should you buy stock in Cameco right now?</h2>
<div class="lb-trans"><h2>你现在应该购买 Cameco 的股票吗？</h2>
</div><p>Before you buy stock in Cameco, consider this:</p>
<div class="lb-trans"><p>在你购买 Cameco 的股票之前，请考虑以下几点：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and Cameco wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p><em>Motley Fool Stock Advisor</em> 分析团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong>，供投资者现在购买……而 Cameco 并不在其中。这 10 只股票有可能在未来几年产生巨额回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $522,791</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,132,678</strong>!*</p>
<div class="lb-trans"><p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日上榜时……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 522,791 美元</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日上榜时……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 1,132,678 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 952% — a market-crushing outperformance compared to 191% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在值得注意的是，<em>Stock Advisor</em> 的总平均回报率为 952%——相比之下，标准普尔 500 指数的回报率为 191%，表现出色。<strong>不要错过最新的前 10 名股票列表，加入由个人投资者为个人投资者建立的投资社区，获取 <em>Stock Advisor</em> 的最新信息。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看这 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of March 11, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回报截至 2026 年 3 月 11 日。</em></p>
</div><p><em>Courtney Carlsen has positions in Cameco and GE Vernova. The Motley Fool has positions in and recommends BWX Technologies, Cameco, and GE Vernova. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Courtney Carlsen 持有 Cameco 和 GE Vernova 的股份。Motley Fool 持有并推荐 BWX Technologies、Cameco 和 GE Vernova。Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此处表达的观点和意见仅代表作者的观点和意见，并不一定反映 Nasdaq, Inc. 的观点。</p>
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最值得买入并持有数十年的三只核能股票