3 Uranium Stocks to Bet On for Market-Crushing Returns

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The uranium spot price has dropped by approximately 18% since January, below the $85 handle . As such, numerous uranium stocks have shed weight, concurrently casting doubt over the industry.

Falling uranium prices are a severe headwind. However, as a contrarian, I believe uranium’s recent decline has sparked a buying opportunity, especially given the ongoing worldwide energy shortage. Thus, I embarked on a journey to find three best-in-class uranium stocks to buy. My screening process focused on fundamental aspects, valuation multiples and technical analysis. Moreover, risk assessment was phased in where necessary to ensure complete alignment.

Considering the above, here are three top-tier uranium stocks to watch. Cameco (CCJ) CCJ Stock: Hand in long yellow glove holding a chunk of uranium material Source: shutterstock.com/RHJPhtotoandilustration Bank of America (NYSE: BAC ) analysts dubbed Cameco (NYSE: CCJ ) a top pick based on […]

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