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2 Nuclear Energy Stocks to Buy in February


Nuclear energy is enjoying a revival, as multiple countries look to nuclear power to help fuel their future. In the United States, President Donald Trump has set an ambitious goal to quadruple the country's nuclear energy capacity by 2050. Not only are there strong tailwinds from demand, but supplies are also tightening due to geopolitical risk, as Russia is a major uranium supplier.

Nuclear stocks have surged over the past year but have recently pulled back amid recent market volatility, creating an opportunity to buy (NYSE: CCJ) and Centrus Energy (NYSE: LEU) in February. Here's what investors need to know.

Image source: Getty Images.

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Source Fool.com

Cameco Corp. Stock

€107.56
7.580%
Cameco Corp. dominated the market today, gaining €7.60 (7.580%).
With 34 Buy predictions and 1 Sell predictions Cameco Corp. is one of the favorites of our community.
As a result the target price of 119 € shows a slightly positive potential of 10.64% compared to the current price of 107.56 € for Cameco Corp..
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