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Is Denison Mines Stock a Buy?


The simple story is that Denison Mines (NYSEMKT: DNN) is a uranium stock. But the company is really much more complicated than that top-level view. Here's why you might want to buy Denison Mines stock, and why you might not.

Uranium is used in nuclear reactors to create electricity. Although nuclear power has a bad name because of high-profile disasters like Chernobyl and Fukushima, it is a fairly reliable power source. Meltdowns are just like airplane crashes, in that they are rare but newsworthy events that tend to elevate and accentuate the negatives in our minds. And, on the plus side, nuclear power doesn't emit greenhouse gases, so it is a relatively clean power source.

Image source: Getty Images.

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Source Fool.com

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