Jun. 24 at 2:56 PM
$SMR $PALAF $URA Uranium Surge: 7 Stocks & ETFs to Watch
Uranium is gaining momentum as U.S. deregulation and energy security fears drive demand. Trump invoked the Defense Production Act, labeling uranium a critical mineral. Supply (150M lbs) trails demand (165M lbs), and by 2030, reactors may need 230M lbs.
New York plans the first major U.S. nuclear plant in 15+ years. China aims to lead global nuclear output by 2030. The U.S. is scrambling to reduce reliance on Russian uranium, still powering plants with Soviet leftovers.
Top plays:
CCJ / CCO – Cameco (major producer) UEC, UUUU – U.S. uranium miners PDN, PALAF, SRUUF – juniors with upside URA – uranium ETF SMR – modular reactor tech
NATKY / KZAP – Kazakh uranium exposure Tight supply + rising demand = bullish setup.