3 Uranium Stocks to Bet On for Market-Crushing Returns

Uranium stocks are underestimated and ready to rumble. Consider these three titans.

Cameco ( CCJ ): A solid operating outlook paired with a bullish tag from Bank of America raises optimism.

Uranium Energy Corp ( UEC ): And underestimated vertically integrated powerhouse.

Paladin Energy ( PALAF ): Solid mine development plans and a recent acquisition play into its broader growth story. Source: John Carnemolla / Shutterstock.com 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. […]

Click here to view original web page at investorplace.com

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.