5 Best Nuclear Stocks to Buy Now

In this article we discuss the 5 best nuclear stocks to buy now. If you want to read about some more nuclear stocks, go directly to 10 Best Nuclear Stocks to Buy Now.

5. Denison Mines Corp (NYSE:DNN)

Number of Hedge Fund Holders: 12    

Denison Mines Corp (NYSE:DNN) engages in the acquisition, exploration, development, extraction, processing, selling, and investing in uranium properties. On August 4, the company posted earnings for the second quarter of 2022, reporting earnings per share of C$0.02. The revenue over the period was C$6.8 million, up over 47% compared to the revenue over the same period last year. The firm is based in Toronto and was founded in 1997. The firm owns and operates nuclear projects in the northern Saskatchewan region. 

On August 24, TD Securities analyst Craig Hutchison resumed coverage of Denison Mines Corp (NYSE:DNN) stock with a Speculative Buy rating and a price target of C$2.25, noting that the firm would benefit from rising uranium prices in the coming years. 

At the end of the second quarter of 2022, 12 hedge funds in the database of Insider Monkey held stakes worth $21 million in Denison Mines Corp (NYSE:DNN), compared to 16 in the previous quarter worth $40 million.