CCJ vs UEC: Cameco and Uranium Energy Corp as AI Stocks
Cameco (CCJ) and Uranium Energy Corp (UEC) are both tracked in the Supercycle AI universe. CCJ is the larger company at $39.55B versus $5.30B, and CCJ carries the higher AI Exposure Score (45 vs 40, Growing tier), meaning its business depends more directly on AI demand.
Market data as of the close on . Prices are end of day, not live.
Side by side
| Metric | CCJ | UEC |
|---|---|---|
| Price | $90.80 | $9.95 |
| Market cap | $39.55B | $5.30B |
| 24h change | -2.61% | -3.68% |
| 7d change | -0.45% | -1.29% |
| 1y change | +9.49% | -27.27% |
| P/E ratio | 156.6 | - |
| AI Exposure Score | 45 (Growing) | 40 (Growing) |
| Sector | Energy | Energy |
| Buildout layers | Raw Materials & MiningPower & Energy | Raw Materials & Mining |
CCJ's role in the buildout
Cameco sits in the Raw Materials & Mining and Power & Energy layers, supplying the fuel behind the nuclear side of the AI buildout. AI data center power demand is now the marginal force behind reactor restarts and new builds, and every reactor that comes online or stays online needs uranium and fuel services. Through its mining operations and Westinghouse stake, Cameco captures that demand across the fuel cycle. Supercycle scores its exposure as meaningful and demand-driven.
UEC's role in the buildout
Uranium Energy Corp sits in the Raw Materials & Mining layer of the AI buildout. AI data centers need enormous amounts of reliable power, and that demand is the key force reviving American nuclear energy, which in turn tightens the market for domestic uranium fuel. Reshoring policy adds another tailwind. The connection to AI is real but indirect: uranium prices ultimately set the outcome. Supercycle scores its AI exposure at 40 out of 100.
Both stocks sit in Raw Materials & Mining, so they compete for the same slice of AI spending.
Frequently asked questions
Is CCJ or UEC the bigger company?
Cameco is bigger: $39.55B versus $5.30B by market cap, as of the latest end-of-day data.
Which has more AI exposure, CCJ or UEC?
Cameco does: its AI Exposure Score is 45 (Growing tier) versus 40 (Growing). The score measures how much of the business depends on AI, not which stock is the better investment.
Build your own comparison of any tracked stocks with the compare tool, or see how the layers fit together in the Start Here guide. Nothing here is investment advice; see the disclaimer.