Published on 13 Sep 2023 on InvestorPlace via Yahoo Finance
Although it’s a controversial issue for obvious reasons, investors may nevertheless want to consider loading up on uranium stocks. For one thing, nuclear energy appears to be making a comeback.
According to a recent Reuters report, demand for uranium reactors may jump by 28% by 2030. Ten years later, this stat might nearly double as governments accelerate their nuclear energy capacities to meet zero-carbon targets. That’s right, the underlying industry for all its drama represents a clean energy source, at least from an emissions sense.
Second, a societal shift may be occurring as well. According to a Pew Research Center report, a growing share of Americans favor more nuclear power. Further, this rising trend is evident among both Democrats and Republicans. Finally, it’s something we can all agree on. With that, below are uranium stocks to buy based on the nuclear energy resurgence.