The Nuclear Renaissance screener sits at the crossroads of two powerful forces: the energy demands of AI data centers and the global push for carbon-free power. While inflation, central bank moves, tariffs, and volatile energy markets keep broad indices on edge, this theme focuses on infrastructure stocks tied to long-term electricity commitments rather than short-term commodity swings. For investors looking for clearer exposure to 24/7, low carbon baseload power that can support the intelligence era, this screener offers a focused way to research candidates. The rest of this article highlights three stocks from the Nuclear Renaissance screener for investors to watch.

Bird Construction (TSX:BDT)

Overview: Bird Construction is a Canadian contractor that builds and maintains large industrial, institutional, and infrastructure projects, from data centers and hospitals to roads, bridges, and hydroelectric facilities, along with providing electrical, mechanical, and maintenance services. Its customers span sectors such as nuclear, LNG, renewable energy, mining, and public infrastructure.

Operations: Bird generates all of its approximately CA$3.5b in revenue from the general contracting sector in Canada.

Market Cap: CA$3.9b

Investors looking at the Nuclear Renaissance screener may find Bird Construction interesting because it sits directly in the flow of multi year Canadian infrastructure, energy transition, and nuclear related spending, backed by a record backlog and a growing pipeline of specialized, higher margin projects. The company is also leaning into recurring maintenance and facilities contracts tied to critical assets such as AI ready data centers and nuclear facilities. These contracts can support more predictable cash flows even when large capital projects are delayed. At the same time, a rich P/E, thinner net margins, and exposure to project deferrals mean results can be sensitive to timing and execution. This is why understanding the depth of its backlog, funding capacity, and contract mix matters so much.

Bird Construction’s record backlog and higher margin projects hint at something bigger taking shape, but the real story sits inside the 2 key rewards and 1 important warning sign that could flip how you view its P/E and contract risk.

Centrus Energy (LEU)

Overview: Centrus Energy supplies enriched nuclear fuel and related services to utilities and governments, with a focus on High Assay Low Enriched Uranium, or HALEU, which many next generation reactors are expected to require. Alongside its fuel business, Centrus Energy also provides technical and engineering services to public and private sector clients across the nuclear value chain.

Operations: Centrus Energy generated US$358.7m from its LEU segment and US$112.8m from Technical Solutions, with a small segment adjustment of US$19.2m.

Market Cap: US$3.4b

Investors watching the Nuclear Renaissance theme may find Centrus Energy interesting because it sits at the center of the HALEU fuel bottleneck that could shape how fast advanced reactors, including AI ready data center projects, can be supplied. The company has long running enrichment expertise, fresh momentum from a US$900m Department of Energy HALEU task order that could reach US$1.07b, and recent index inclusions that reflect its growing role in US nuclear fuel security. At the same time, earnings fell sharply last year, margins have compressed, and the stock trades on a rich P/E with earnings quality questions and leverage risk. The real tension between that premium valuation and the HALEU contract story is unpacked in the 0 key reward and 4 important warning signs (1 is major!) that follows.

Centrus Energy sits where HALEU fuel scarcity, government contracts, and a rich P/E collide, yet the missing link is how its balance sheet and cash profile stack up against that story in the Centrus Energy financial health report

Oklo (OKLO)

Overview: Oklo is a US based nuclear power developer building compact Aurora Powerhouse fission plants designed to supply between 15 and 75 megawatts of electricity directly to customers such as AI data centers and industrial users. The company also aims to recycle used nuclear fuel into new fuel for its reactors, tying generation and fuel supply into one integrated model.

Market Cap: US$7.7b

Oklo sits at the intersection of AI power demand and advanced nuclear, pitching long term electricity contracts instead of one off reactor sales, with anchor agreements such as multi gigawatt deals for data center campuses and US Department of Energy backed projects. At the same time, revenue is close to zero, losses are rising, and all funding currently comes from higher risk external sources. This amplifies execution and financing risk while its reactors move through licensing and early deployment. For investors, the mix of regulatory progress, fuel recycling ambitions, federal program support, and insider selling creates a classic high risk, high potential story. The most important clues sit in how governance, funding runway, and projected growth balance out in the years ahead.

Oklo’s accelerating story sits at the intersection of AI-grade power demand and higher-risk funding, and the missing piece is how the analyst forecasts for Oklo reframes that risk-reward trade-off just as licensing milestones start to matter most.

The three stocks in this article are only a starting point, and the full Nuclear Renaissance screener surfaces 87 more companies with equally compelling narratives tied to AI scale power and nuclear backed infrastructure. Use Simply Wall St to unlock filters for the catalysts, contracts, balance sheet strength, and narrative triggers discussed here so you can identify and analyze the highest conviction Nuclear Renaissance plays for your own watchlist.

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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.