10 Trending AI Stocks on Wall Street’s Radar

6. Cameco Corp (NYSE:CCJ)

Number of Hedge Fund Holders: 65

Headquartered in Canada, Cameco Corp (NYSE:CCJ) is one of the largest listed uranium companies in the world. In recent years, the company has benefited from increased demand for uranium as AI tech players turn to nuclear power to support their massive data-center infrastructure.

Recently, SBI Securities upped its stake in the basic materials company, purchasing 12,358 shares for roughly $635,000. This follows a slew of hedge funds boosting their position in the company, including Dantai Capital, Roberts Wealth Advisors, Whalen Wealth Management, Sprott Inc, and iA Global Asset Management, according to separate regulatory filings.