The 2 best ASX uranium shares to buy right now

More than one expert reckons these days that ASX shares in the uranium industry are about to enjoy a revival not seen for years.

The Market Matters team, for example, reckons it’s a sector with “meaningful tailwinds that are likely to persist for years to come”.

“The global energy mix is changing as decarbonisation is one of, if not, the most dominant investment theme[s] for the next decade,” said the team leader and Shaw and Partners portfolio manager James Gerrish.

“We believe nuclear energy will become a larger slice of the energy mix, and we are seeing tangible evidence of this occurring.”He noted that year to date almost 100 million pounds of uranium have been contracted, which is already the highest yearly amount for more than a decade.Funnily enough, the spot uranium price has held steady over the past 12 months, which means related stocks have also gone sideways.But, of course, both […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • 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!

Comments

No comments yet