5 Best Nuclear Stocks to Buy Now

4. NexGen Energy Ltd. (NYSE:NXE)

Number of Hedge Fund Holders: 13  

NexGen Energy Ltd. (NYSE:NXE) is an exploration and development stage company engaged in the acquisition, exploration, and development of uranium properties. One of the premier projects of the firm is the Rook I project. It comprises 32 contiguous mineral claims totalling an area of 35,065 hectares. It is located in the southwestern Athabasca Basin of Saskatchewan. The company is headquartered in Vancouver and has a market capitalization of more than $2.2 billion. 

In late June, NexGen Energy Ltd. (NYSE:NXE) had submitted the draft environmental impact statement for the Rook I project to the Saskatchewan Ministry of Environment and Canadian Nuclear Safety Commission. 

At the end of the second quarter of 2022, 13 hedge funds in the database of Insider Monkey held stakes worth $64 million in NexGen Energy Ltd. (NYSE:NXE), compared to 15 in the preceding quarter worth $17 million.