Nuclear-energy ETFs surge with uranium rangebound. Is it a good time to invest?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2024
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Source: MarketWatch
Uranium and Nuclear-Energy ETFs Surge: This month, uranium and nuclear-energy ETFs have experienced significant growth as technology companies are exploring carbon-free electricity sources to meet the increasing power demands of AI-related data centers.
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Analyst Views on CONY
Wall Street analysts forecast CONY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CONY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 38.020
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Current: 38.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
