Energy Fuels (UUUU) Stock Up Slightly After Jim Cramer Said He Wouldn’t Go Against It

Energy Fuels Inc. (NYSE:UUUU) is one of Jim Cramer’s Hottest Nuclear Energy Stock Picks, Hits & Misses. Energy Fuels Inc. (NYSE:UUUU) is a uranium mining company headquartered in Lakewood, Colorado. Its shares are up by 297% over the past year and by 15% since Cramer discussed them on Mad Money. During this time period, Energy Fuels Inc. (NYSE:UUUU)’s stock has peaked twice. The shares first surged by 68% between September 22nd and October 14th. During this period, investor interest grew in rare earth metal stocks due to trade tensions between the US and China. Additionally, investment firm B. Riley also upgraded Energy Fuels Inc. (NYSE:UUUU)’s share price target to $22 from $11. From October 14th to the year’s close, the stock dipped by 45%. Year to date, they are up by 3.4%. As he discussed the firm in Mad Money, Cramer asserted that he would not go against Energy Fuels Inc. (NYSE:UUUU) despite the high share price:

Energy Fuels (UUUU) Stock Up Slightly After Jim Cramer Said He Wouldn't Go Against It

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“Okay, I’m going to give you this straight on, on Energy Fuels. Remember what I said about Oklo when it was at 33, I said, I will not go against any uranium or nuclear stock. This one’s at its 52-week high, and I still would not go against it, and I’ve been behind this one a long, long time.”

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