Top 3 Energy Stocks That May Explode In October
NexGen, Uranium Energy and Centrus Energy are oversold, with RSI below 30, potentially offering undervalued buying opportunities.
Stocks · News reference
Ord Minnett Initiates Research Coverage on NexGen Energy
Brokerage firm Ord Minnett has initiated research coverage on NexGen Energy with a Buy rating and a price target of $14.80.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- fiscal.ai
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Shares of uranium and nuclear-related companies are trading lower as hotter-than-expected inflation data fuels a rise in Treasury yields and expectations for interest rates to remain elevated. Elevated borrowing costs could increase financing expenses for capital-intensive nuclear projects, potentially delaying development timelines and weighing on investor sentiment toward the sector.
Shares of uranium and nuclear-related companies are trading higher amid sympathy with Constellation Energy after the company announced a partnership with Google to deploy 890 MW of new nuclear capacity. The deal may support the demand outlook for hyperscalers adding more nuclear generation.