It's time to buy and hold long-term uranium stocks [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here. Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, It’s time to buy and hold long-term uranium stocks, we said in late August. For one, the supply-demand situation is only getting worse. The Russian uranium ban went into effect on August 1. And the government of Kazakhstan just increased its extraction tax, which will limit supply growth. Two, with the artificial intelligence boom showing no signs of slowing, uranium could help fuel energy needs. Plus, as noted by Wells Fargo, after years of flat power growth in the U.S., electricity demand could grow as much as 20% by 2030. Again, because of the AI data center demand. Just this week, Amazon went nuclear, announcing it would invest more than $500 million to develop small modular reactors. All thanks to its growing need for energy for generative artificial intelligence projects. “We see the need for gigawatts of power in the coming years, and there’s not going to be enough wind and solar projects to be able to meet the needs, and so nuclear is a great opportunity,” said Matthew Garman, CEO of AWS, as quoted by CNBC. “Also, the technology is really advancing to a place with SMRs where there’s going to be a new technology that’s going to be safe and that’s going to be easy to manufacture in a much smaller form.” It’s a big part of why nuclear energy demand is surging, which will only fuel further upside for some of the top long-term uranium stocks to buy today. --------------------------------------------------------------- Company: Cameco (SYM: CCJ) When we mentioned Cameco (SYM: CCJ) on August 29, it traded at about $41. Today, it’s up to $51.71 and could push even higher. As noted by Cameco Chief Executive Officer Tim Gitzel, market tightness, mine depletion and underinvestment will keep uranium prices high. While recent earnings were nothing to write home about, analysts at RBC Capital say they would be buyers on weakness at the time. In its most recent quarter, Cameco’s adjusted earnings per share of 13 cents missed expectations of 26 cents. Its net loss of $7 million was also well below the $119 million profit recorded a year ago. --------------------------------------------------------------- Street Signals [New Biotech Stock Gains Attention After $14 Billion Deal](
Karuna Pharmaceuticals developed KarXT, an antipsychotic drug initially targeted at schizophrenia but also with potential use for Alzheimer’s-related psychosis and bipolar disorder. Soon after, Bristol Myers acquired the company for an astonishing $14 billion. Now, another company could be on the verge of making the same massive impact. Investors are buzzing about this breakthrough. [>>Discover the Top Biotech Company for 2024]( --------------------------------------------------------------- Company: NexGen Energy (SYM: NXE) With NXE, it traded at about $6 on August 29. It’s now up to $7.27. If NexGen’s Rook 1 project sees Canadian approval, it could be one of the biggest uranium mines in the world. According to the company, “The proposed new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin; located in Saskatchewan – a premier mining jurisdiction.” In addition, according to NexGen’s latest investor presentation, it expects uranium demand to explode by 127% by 2030, and by 200% by 2040. On top of that, they argue the world could see a 240-million-pound deficit in 2040. --------------------------------------------------------------- Stansberry Research ["Wheels Are Falling Off" The U.S. Stock Market](
Today, analyst Dan Ferris is back issuing a new warning. He says what's coming next to the U.S. economy could be much worse than anything he's predicted before. And this time, he says, "The trouble is coming straight for Nvidia and the AI market."
[Click here to see why.]( --------------------------------------------------------------- Company: Energy Fuels (SYM: UUUU) UUUU traded at $4.75. It’s now up to $5.72. About 11 UUUU insiders bought stock in early May. That included President and CEO Mark Chalmers, who picked up 16,838 shares worth $98,671; Director Bruce Hansen, who picked up 6,000 shares worth $34,950; and VP of Conventional Operations Logan Shumway, who picked up 4,000 shares worth $23,360. --------------------------------------------------------------- Paradigm Press [Exposed: Democrats’ Secret Plan to Keep Trump Out of the White House]( [trump](Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released…
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[Click here to see the details and learn how to prepare…]( Because this could trigger the biggest constitutional crisis in our nation’s history. --------------------------------------------------------------- [Join Daily Guru Trades!](
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