2 Uranium Stocks to Buy Now and Hold for Huge Nuclear Energy Upside
CCJCameco(CCJ) ZACKS·2024-09-12 21:01

Uranium demand is projected to outstrip supply as the world races to expand nuclear energy almost overnight. The U.S. in late 2023 headed up a coalition of countries across four continents pledging to triple nuclear energy capacity by 2050.The Bull Case for Uranium  The rapid revival of nuclear power sent uranium prices to their highest levels in over 15 years, soaring from 30atthestartof2021to30 at the start of 2021 to 100 in January 2024. Despite a pullback, uranium prices hover around $80, up roughly 60% since the start o ...