To The Moon

 As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,498.30 points, up 0.12% in the past 5 days.

1. $Boss Resources Ltd(BOE.AU)$ +20.33%; $PALADIN ENERGY LTD(PDN.AU)$ +18.72%

Boss Energy and Paladin Energy are Australian uranium exploration and development companies.

Boss Energy and Paladin Energy experienced a 20% surge in stock prices due to a recent rally in uranium prices.

This week, the uranium price hit a 16-year high above $93 per pound, driven by limited supply and increased demand for nuclear energy.

Global demand for nuclear energy, particularly from countries like China, India, the Middle East, France, Japan, the UK, and the Netherlands, has contributed to the positive momentum.

2. $ALUMINA LTD(AWC.AU)$ +20.33%

• Citi analysts raised Alumina's earnings forecast for 2024 after Alcoa decided to cut production at the Kwinana Alumina Refinery in Western Australia, a joint venture with Alumina.

• The curtailment, along with a 3% increase in alumina prices, resulted in a notable adjustment to earnings projections. The closure of Alcoa's Kwinana refinery is expected to have a positive impact on the global alumina market.

3. $Telix Pharma(TLX.AU)$ +10.26%

• Telix Pharmaceuticals focuses on the development and commercialization of diagnostic and therapeutic products in the field of molecularly-targeted radiation.

• The company announced plans for IPO in the US and a listing on the Nasdaq.

• The decision on the Nasdaq listing is yet to be finalized. The move to tap into the US market reflects Telix's aim to access a broader pool of biotech investors and expand its presence globally.

 4. $JB HI-FI LIMITED(JBH.AU)$ +9.81%

• JB Hi-Fi Limited is a leading Australian retailer of consumer electronics, appliances, and home entertainment.

• JB Hi-Fi is likely to benefit from CES 2024, where tech leaders showcase new products and trends.

• With AI-related companies unveiling new chips and products, JB Hi-Fi has opportunities to align its offerings with the latest technology, potentially driving increased consumer demand for cutting-edge electronics and gadgets.