Boss Energy Ltd (BOE.AU) saw its stock price soar by 5.16% in pre-market trading on Monday, following a positive highlight from Jefferies on the nuclear energy sector. The surge comes as the brokerage firm points to accelerating momentum in nuclear energy, driven by energy security concerns, policy support, and increasing demand from AI and data centers.

Jefferies specifically mentioned Boss Energy as its preferred pick within the uranium mining sector, citing the company's strong position to benefit from the industry's growth trends. This endorsement likely fueled investor optimism, contributing to the stock's significant pre-market jump.

The brokerage firm also noted that while the near-term uranium market remains balanced, with secondary supply meeting current demand, primary production is lagging. This scenario sets the stage for potential fundamental gains in the uranium sector, particularly as major procurement cycles are expected to kick in post-2025. Year-to-date, Boss Energy has already seen an impressive 51.4% increase in its stock price, outperforming some of its peers in the uranium mining industry.