Uranium Stocks: Buy Low So You Can Sell High

Even if you’ve just started getting interested in investing, I’m sure you’ve heard that the way to make money in the market is to “buy low and sell high.” If you hadn’t, well, now you have. It sounds like common sense. And it is common sense. But it’s probably the most difficult part about investing for most investors, professionals included. A great example is uranium stocks…

In 2021 and 2022, they were trading at relatively low valuations and prices. And nobody was interested in them. But in 2023, uranium stocks started making headlines for racing up the charts. And retail investors piled in. Then the rally stalled and prices fell. They’ve continued to fall through 2024.

Now, some uranium stocks are cheaper than they were back before the rally started. And investors are selling them because they’re afraid the losses might not be over. That’s the opposite of buying low and selling high.

So far this year, not one of the major uranium stocks has turned a profit for investors. Right now uranium stocks are low. And that’s when you should be buying them. Then you can sell them when everyone piles back in after the prices go back up. So today, let’s talk about a few uranium stocks with the most potential for gains going forward…

Uranium Stocks to Buy Low and Sell High

When it comes to uranium stocks that are selling for a discount, you can pretty much take your pick from the whole industry. Like I said, they’re pretty much all down this year. But there are a few that stand out for their untapped potential.

One of those is Uranium Energy Corp. (NYSE: UEC). It’s an American-based firm that could stand to benefit as sanctions on uranium from Russia and Kazakhstan go into effect. You see, right now Kazakhstan and Russia together control over 50% of the uranium market. And the U.S. doesn’t even account for a full percent. But the U.S. government has levied sanctions on the uranium produced in those two countries, effectively cutting American nuclear energy off from half the world’s fuel.

That’s likely to bode well for companies like UEC since it operates some of the only active uranium mines in the Western Hemisphere. It’s also developing more potential mines here in the U.S. of A. and recently disclosed one of the largest uranium resources ever reported. And with shares down 20% this year, it definitely represents an opportunity to buy one of the market’s best uranium stocks at a low price.

Another of the top uranium stocks investors can buy low these days is Denison Mines Corp. (NYSE: DNN). Denison is another North American uranium producer. But it’s based to the north in Canada, where the company is focused on numerous projects throughout the uranium-rich Athabasca Basin. Denison is one of the top uranium stocks because it’s the largest landholder in the infrastructure- and uranium-rich eastern portion of the basin.

And finally we’ve got a third uranium operation in the Western Hemisphere to add to your list of top uranium stocks trading at a discount. It’s Energy Fuels Inc. (NYSE: UUUU) and it’s another American-based producer. Energy Fuels owns and operates four active uranium mines and two uranium mills, and it’s currently developing multiple additional projects around the world.

But despite its active operations and focus on future growth, shares are down over 30% this year. And they’re sitting right about where they were when uranium stocks weren’t on anyone’s radar. When those uranium stocks inevitably get back on the radar, there’s likely to be a lot of opportunity for Energy Fuels investors to sell high.

Uranium Stocks Extras

Now that we’ve covered some of the top individual uranium stocks, I’ve got a couple of “extras” to share with you. The first of those is a way for you to invest in uranium stocks without buying any uranium stocks at all. It’s a fund that buys those uranium stocks for you. And that helps you get a more diverse collection of uranium stocks than buying them individually.

It’s the Global X Uranium ETF (NYSE: URA). And it holds investments in all three uranium stocks we’ve discussed so far. But in addition to those three, it gives you exposure to 51 other uranium stocks. It’s only down 6% so far this year, showing how diversification helps reduce volatility. But it’s also likely to rally when investors start buying up those uranium stocks again.

And second, I’ve got another exciting way to play the future growth of the U.S. uranium market. But this company isn’t a uranium miner like the others I’ve clued you into. What makes it one of the top uranium stocks is that it’s the ONLY company licensed to refine the uranium all those others produce. You see, uranium must be refined before it can be used as fuel for nuclear reactors.

And the new generation of nuclear reactors that the industry is gearing up for require a very special type of fuel that requires a very specialized refining process. And there’s only one company in the entire country that’s got both the equipment and the license to do that work.

The potential here is so impressive that we’ve created an entire special report to show investors why this could be the absolute best of the best uranium stocks in the world. And I want to share that report with you for free today. All I ask is that you keep the information private. We don’t want the whole world getting in on the best uranium stocks before you get a chance.

So take some time out of your day today and read our free report. Then get yourself some exposure to the best uranium stocks on the market so you can tell people all about your massive profits from buying low and selling high.

To your wealth,

Jason Williams

@TheReal_JayDubs

Angel Research on Youtube

After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of Main Street Ventures, a pre-IPO investment newsletter; the founder of Future Giants, a nano cap investing service; and authors The Wealth Advisory income stock newsletter. He is also the managing editor of Wealth Daily. To learn more about Jason, click here.

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