Ight what are the best Uranium stocks to gamble on? Big banks with total asset control of 18 trillion are pledging support for nuclear, Microsoft dropped 16 billion on friday to revive three mini reactors to power a datacenter. The biggest hurdle for nuclear has always been initial financing it takes way too long to make your money back coupled with the risk of failure makes it a sub optimal investment. Seems like the big boys don't care anymore and there's enough here that some deregulation seems plausible.
Banks and financial institutions pledging support to meet the 2050 goal of tripling nuclear power production:
Bank of America, Barclays, BNP Paribas, Brookfield, Citi, Credit Agricole, Goldman Sachs, Morgan Stanley, Rothschild & Co. Some other ones as well: Abu Dhabi Commercial Bank, Ares Management, Brookfield, Crédit Agricole CIB, Guggenheim Securities, Segra Capital Management, and Société Générale.
https://www.ft.com/content/96aa8d1a-bbf1-4b35-8680-d1fef36ef067
**UPDATE**
Amazon has begun hiring principal nuclear engineers to evaluate SMRS and create a nuclear fuel strategy roadmap.
Apple now includes nuclear energy in their 2030 ESG roadmap.
I'm sure Google and Meta are soon to follow.
**UPDATE**
Meta AI Chief says nuclear is the preferred option for data centers. Yann LeCun on X: "AI datacenters will be built next to energy production sites that can produce gigawatt-scale, low-cost, low-emission electricity continuously. Basically, next to nuclear power plants. The advantage is that there is no need for expensive and wasteful long-distance distribution" / X
Best stocks to gamble uranium? Its time.
byu/tittiesandtacoss inwallstreetbets
Posted by tittiesandtacoss
19 Comments
[deleted]
I recommend the few uranium suppliers and perhaps Rolls Royce with their SMRs.
Caterpillar? Sell the shovels… you know.
Just read the first sentence tbh because that was a lot of text but try Denison Mines (DNN)
U.UN
Urnm
[deleted]
What about Cameco (CCJ) ?
Chernobyl (CHBL)
solja boy
oklo because of the microsoft connections and military members on their board
DoD can overwrite DoE on what they can and can not build in their bases for energy
UUUU for domestic (US) production
My friend like URNM
NUCL etf
Sadly I only know good urine plays not uranium
URA
DNN
Why not the uranium futures UXXC2? You can buy calls on futures contracts too.
Another Reddit darling. Grab long dated puts while their cheap…