By Luis Flavio Nunes – Investing.com
Cameco’s 20% jump may have grabbed headlines, but it’s three lesser-known companies that are actually gearing up to supply the uranium America will need for its nuclear expansion, at prices that suggest Wall Street hasn’t noticed they exist.
When the U.S. government announced an $80 billion commitment to build new nuclear reactors, Cameco Corp (NYSE:CCJ) became the talk of Wall Street. The stock skyrocketed 20% in a single day, adding $9 billion to its value and reaching an all-time high of $106.91. Analysts gushed. Investors piled in. It was the obvious winner.