After almost 7 years , a brand new nuclear reactor has been launched in the United States. Advocates of nuclear power have long been urging for a shift towards this energy source, given its status as the cleanest option for handling baseload power, which is now being acknowledged by governments worldwide. Continuoues rains and low temperatures in singapore,Climate change, global warming are no more flashy words, things are happening as we speak, ice is meltic. with the energy crisis in europe caused by the unending war, i think governments are more serious about clean energy now. USA especially, one of the top consumers of uranium is lagging behind in producing uranium, with biden in power, there could be good days soon for uranium.
Well whats in future is a wait and watch but i have been following some stocks and here are 5 stocks and one or few of them could be the next apple or microsoft of uranium world. they are still cheap so building a decent portfolio is very easy.
$Uranium(UEC)$ Uranium Energy Corp, is based in USA, with permier sites in uranium rich states and has sites in canada and paraguay.
$Ur-Energy(URG)$ based in CO, with a robust balance sheet cash of $40M, and has over 3000 pounds of uranium
$Global Atomic Corp.(GLATF)$ major site holder in niger, with government partnership, its is a safe bet
$Cameco(CCJ)$ the leading in the lot, is a fully integrated uranium conglomerate, CCJ has been performing remarkably matching estimates, with growth rates estimates over 20%
$Energy Fuels(UUUU)$ has an ability in rare earth space ,and only licensed to process radio active wastes. with increase in interest for clean energy this can be a good stock to own.
Comments