Why Uranium Stocks Are Soaring

For decades, the nuclear energy sector has been regarded as the black sheep of the alternative energy market family thanks to massive cost-overruns, poor public perception as well as a series of high-profile disasters such as Chernobyl, Fukushima and Three Miles Island. However, last year, the sector received a much needed shot in the arm after the Trump administration sought a $1.5B bailout in a bid to create sufficient federal uranium stockpiles for national security purposes. But now the out-of-favor industry has managed to snag its biggest…