5 Nuclear Energy Stocks to Buy Now

In this article, we discuss 5 nuclear energy stocks to buy now. If you want our comprehensive analysis of these stocks, go directly to 10 Nuclear Energy Stocks to Buy Now. 

5. Uranium Energy Corp. (NYSE:UEC)

Number of Hedge Fund Holders: 10

Uranium Energy Corp. (NYSE:UEC) is a leading American uranium mining company that processes uranium and titanium concentrates in the United States, Canada, and Paraguay. The company was incorporated in 2003 and is based in Corpus Christi, Texas.

H.C. Wainwright analyst Heiko Ihle on November 10 raised the price target on Uranium Energy Corp. (NYSE:UEC) to $7 from $5.60 and kept a Buy rating on the shares after the company announced that it had entered into a definitive share purchase agreement with Uranium One Investments.

Uranium Energy Corp. (NYSE:UEC) announced on January 31 that the company repaid the remaining $10 million balance of its secured credit facility and is now completely debt free. 

Among the hedge funds tracked by Insider Monkey in Q4 2021, 10 funds were bullish on Uranium Energy Corp. (NYSE:UEC), with collective stakes valued at $15.7 million. Marshall Wace LLP is the largest stakeholder of the company, with 2.2 million shares worth $7.60 million.