Uranium Stocks Jumped This Week on AI News

Nuclear energy and uranium got a boost, but will it last given the long lead times to grow nuclear energy production?

This week, nuclear energy stocks became a hot topic in the news as political forces pushed to expand nuclear production and tech companies indicated their willingness to be buyers.

According to data provided by S&P Global Market Intelligence , Uranium Energy Corp. ( UEC -3.24%) jumped as much as 26.1%, Cameco Corp. ( CCJ -1.01%) rose 11.1%, American Superconductor ( AMSC -1.11%) rose 23.5%, and NuScale Power ( SMR 12.17%) was the huge winner by climbing 44.1% this week. The stocks are trading up 20%, 8.5%, 19.3%, and 37.1% respectively at 1:30 p.m. ET on Friday. Image source: Getty Images. Politics takes center stage

While politics isn’t something investors should put too much value in for long-term investments, this week was particularly important because both presidential candidates were very bullish […]

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