The Globe and Mail reports in its Friday edition that BofA Securities' research investment committee is predicting a "third bull market for uranium," as a new nuclear power boom echoes the sector's expansion in the late 1970s and the commodity price surge in the 2000s. The Globe's Scott Barlow writes that demand for nuclear power will be driven not only by decarbonization, but also a global desire for energy security -- European countries and others have learned natural-gas-related lessons after Russia's invasion of Ukraine. BofA analyst Michael Widmer forecasts uranium price upside of between 20 and 40 per cent as uranium supply fails to keep pace with demand. A higher commodity price would boost profit growth for Saskatchewan's Cameco, which is listed in the report as a primary beneficiary of the trend. Other stocks that would benefit include BWX Technologies, Vistra and Constellation Energy. For investors looking for a diversified approach, the U.S.-traded Global X Uranium ETF is suggested.