Keep your eye on Uranium – 5/8

Company: Cameco (SYM: CCJ)

After pulling back to about $47, Cameco just hit $50.73, and could test $60 shortly.

That’s because, over the last few days, Congress passed the Russian uranium import ban, which now unlocks about $2.7 billion to expand U.S. nuclear fuel production. 

The broader package also includes a ban on federal licenses for reactor fuel imported from or produced by entities controlled by Russia while adding China and China-controlled entities to the import blacklist,” according to 

In addition, according to, A ban on U.S. imports of Russian uranium is set to shake up the market for nuclear power, and lift prices back above $100 a pound for the nuclear fuel which has been tight on supplies.” 

Bank of America just added Cameco to its US 1 list – an idea from the firm’s universe of buy rated listed stocks. RBC Capital also just raised its price target to $75 from $70, with an outperform rating on the uranium stock.

A 70% Stock Market Crash Is Coming…

meltdown 2024

Companies: Uranium Energy Corp. (SYM: UEC), Energy Fuels Inc. (SYM: UUUU), Denison Mines Corp. (SYM: DNN)

We also have to consider that about 22 countries, including the U.S., Canada, the UK, and France pledged to triple their nuclear capacity by 2050 at the 28th Annual UN Climate Change Conference (COP28). According to Forbes, “About 175 more nations gave their tacit approval to nuclear by electing to triple their use of renewables by 2030 and phase down fossil fuels.” 

Aside from Cameco, Uranium Energy Corp. (SYM: UEC), Energy Fuels Inc. (SYM: UUUU), and Denison Mines Corp. (SYM: DNN) should benefit as well.

Aerial Footage of Jeff Bezos’s Next Trillion Dollar Bet

ball in hand

Located 30 miles from Baltimore — Jeff Bezos has been quietly investing in one tiny company that’s ground zero of a tech revolution that’s going to change everything. Bank of America said the technology would be, “Bigger than fire and bigger than all the revolutions that humanity has seen.”

And for investors who get in now profits could be massive — click here for full story.

Another top way to trade the uranium bull market includes:

ETF: Global X Uranium ETF (SYM: URA)

With an expense ratio of 0.69%, the ETF invests in companies involved in uranium mining and production, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries.

Biden Fires Warning Shot…

He’s warned you that he plans to raise:

Income taxes
Death taxes
Capital gains taxes
Corporate taxes

Some or all of which WILL affect you or your family in one way or another…

Click here to get your FREE 2024 IRS Loophole Kit…

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