Uranium Stocks Jumped This Week on AI News
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. (NYSEMKT: UEC) jumped as much as 26.1%, Cameco Corp. (NYSE: CCJ) rose 11.1%, American Superconductor (NASDAQ: AMSC) rose 23.5%, and NuScale Power (NYSE: SMR) 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.
Source Fool.com
Cameco Corp. Stock
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Cameco Corp..
As a result the target price of 56 € shows a very positive potential of 53.8% compared to the current price of 36.41 € for Cameco Corp..