3 Oversold Uranium Stocks That Are Glowing Buys

3 Oversold Uranium Stocks That Are Glowing Buys

Investors may want to consider uranium stocks.

Just days ago, related stocks were nuked after CNN said the U.S. was looking into reports of a leak at a Chinese nuclear power plant. However, it appears investors overreacted.

“Monday’s drop looks like an outsize reaction for several reasons,” noted The Wall Street Journal’s Jinjoo Lee . “Uranium mining companies tend to operate on multiyear supply contracts with utilities, so there is little risk that a nuclear power plant would immediately pull back buying from these mining companies.”

China denied a leak, but did admit fuel rods had been damaged in a reactor.There are other reasons to keep your eyes on these uranium stocks. For example, oversold uranium stocks could get a boost from President Biden’s push for a potential uranium reserve. Plus, global demand for uranium was close to 180 million pounds in 2020. Market experts believe that this figure is set to […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet