Hot Uranium Stocks - Investing in Uranium Goes Nuclear

18/11/2023 12 min

Listen "Hot Uranium Stocks - Investing in Uranium Goes Nuclear"

Episode Synopsis


Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/-S4M-rKk45c.


Hot uranium stocks are a favored place hedge funds are looking for profits. Investing in uranium stocks has become a popular topic as retail investors look to follow the smart money into a bet on the future growth of nuclear energy and the need for the world to become less reliant on the Russians. Fortunately for uranium investors the choices are pretty straightforward. Developed markets are less risky and leaders will enjoy economies of scale. Therefore, the largest uranium mining company located in Canada, Cameco CCJ, seems like the most attractive play. Investors who don't want all that company-specific risk can invest in the Global X Uranium ETF URA which has attracted the most assets. One other attractive option would be actually owning uranium as a physical asset which is the Sprott Physical Uranium Trust which invests and holds substantially all of its assets in uranium in the form of U3O8 - also called yellowcake. Investing in commodities as an alternative asset class has some potential, but speculating on the future price of raw materials isn't our forte. If you're someone who is paying our bills, and you want to see a Cameco stock follow-up, shout at us on our Discord server. And thank you for your support! All the freeloaders owe you some beers.