The 3 Best Uranium Stocks to Buy Now: July 2024

Surging tech-related energy consumption bodes well for these best uranium stocks.

BHP ( BHP ): BHP is a basic materials giant that offers a wide canvas.

Cameco ( CCJ ): Cameco is a powerhouse in the uranium industry.

Energy Fuels ( UUUU ): Energy Fuels is a high-risk, high-reward opportunity. Source: Shutterstock Although a somewhat controversial investment category, the bullish case for the best uranium stocks has become extraordinarily compelling. It all centers around one catalyst: rising energy consumption from advanced technologies, particularly artificial intelligence.According to a Goldman Sachs report, AI could spark a 160% increase in data center power demand . On one hand, the amount of power consumed underscores the rising utility of digital intelligence. However, without making the power grid more resilient, modern societies face a serious dilemma. In the domestic front, The Washington Post warned that America is running out of power.What makes nuclear energy […]

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