
Uranium stocks are in focus following a high-profile warning from mining giant Kazatomprom, which earlier this month cut its production forecast due to a sulphuric acid shortage coupled with construction delays. This news follows a commitment by world leaders at the COP28 climate conference to invest heavily in nuclear energy - of which uranium (UXU24) is a critical component.
Against this backdrop, here's a closer look at three “strong buy”-rated uranium stocks that Wall Street analysts believe have plenty of upside potential yet to come.