Advertisement
Canada markets open in 8 hours 47 minutes
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7324
    +0.0000 (+0.01%)
     
  • CRUDE OIL

    83.86
    +0.29 (+0.35%)
     
  • Bitcoin CAD

    87,773.78
    -14.91 (-0.02%)
     
  • CMC Crypto 200

    1,388.18
    +5.61 (+0.41%)
     
  • GOLD FUTURES

    2,348.60
    +6.10 (+0.26%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,773.00
    +205.50 (+1.17%)
     
  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,947.34
    +318.86 (+0.85%)
     
  • CAD/EUR

    0.6828
    +0.0007 (+0.10%)
     

Energy Fuels (UUUU) Shares March Higher, Can It Continue?

Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

As of late, it has definitely been a great time to be an investor in Energy Fuels Inc. UUUU. The stock has moved higher by 13.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider UUUU’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as UUUU has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

Will You Make a Fortune on the Shift to Electric Cars?

                                                                                                                                  Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

ADVERTISEMENT

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Energy Fuels Inc (UUUU) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research