Uranium stocks are still hot.

All thanks to President Donald Trump’s goal to quadruple nuclear power by 2050, according to BMO Capital Markets.

Plus, according to an order from U.S. Secretary of Energy Chris Wright, “The long-awaited American nuclear renaissance must launch during President Trump’s administration. As global energy demand continues to grow, America must lead the commercialization of affordable and abundant nuclear energy. As such, the Department will work diligently and creatively to enable the rapid deployment and export of next-generation nuclear technology.”

We also have to remember that nuclear energy could be used to fuel energy-intensive demands of data centers and artificial intelligence.

Start pulling in more than a part time job. In about 5-10 min a day you can make more than most sidehustles. Click here to check it out for just $1.

“Last year, both AWS and Microsoft signed agreements to offtake power from nuclear power stations. Meta launched a request for proposals to identify potential nuclear energy developers to support 1.4GW of new nuclear generation capacity across the US. Data center operators have also backed small modular reactor (SMR) technology,” added Data Center Dynamics.

That being said, investors may want to jump into uranium trades such as:

Global X Uranium ETF (URA)

With an expense ratio of 0.69%, the oversold Global X Uranium ETF (URA) provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries, holds about 50 related uranium stocks.

Sincerely,

Ian Cooper