The Globe and Mail reports in its Wednesday edition that nuclear power is solidifying its place as a linchpin of the global clean energy transition. Guest columnists Atakan Bakiskan and Dylan Smith write that the spot uranium price has been on a tear over the past few years, as the critical role of nuclear power in energy transition has become clear. Canada has significant uranium reserves, a favourable pro-nuclear policy stance and a thriving domestic nuclear power industry. The Toronto Stock Exchange boasts four companies supplying uranium -- Cameco, Energy Fuels, NexGen and Denison Mines -- and their earnings outlook is favourable. The group is expected to see earnings growth of 16.1 per cent year-over-year in 2024, 60.7 per cent in 2025 and 37.1 per cent in 2026. Beyond the uranium miners, investors can also consider two engineering and construction conglomerates that are involved in the design and building of nuclear reactors: AtkinsRéalis and TC Energy. The writers say a uranium focus should be part of a well-diversified portfolio, offering both strategic exposure to the climate transition theme, cyclical exposure to an undervalued corner of the Canadian equity market and low correlations to the broader market.