Uranium

Stockhouse reports on the uranium sector and uranium stocks.

Stockhouse reports on the uranium sector and uranium stocks.

The market news is quoted as saying:

To recap, uranium is the fuel that powers nuclear reactors. And uranium stocks of all kinds were decimated in March in response to the disaster many simply call “Fukushima.” Big blue-chip uranium producer Cameco fell 25% in just a few days. Smaller, more speculative uranium stocks fell 50% in the same time. 

After seeing such a big haircut, any contrarian investor has to be interested in the possibility of buying uranium for a potential “bad to less bad” rally. So let’s take a look at where we stand today…

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