May 20, 2024

Our Pick Of The Best Uranium Stocks, Funds And ETFs – Forbes Advisor UK

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With growing global interest in carbon-free sources of energy, nuclear power has enjoyed something of a renaissance in recent years.

This has led to rising prices for uranium, the radioactive chemical element which, in processed form, is central to the workings of a nuclear power plant.

Unlike precious metals such as gold and silver, there are no traditional commodities markets for investors in uranium, a material which occurs naturally in the form of mineral ore.

Therefore, would-be investors comfortable with potentially profiting from uranium have two choices: either own shares directly in uranium-related companies or invest in funds that contain exposure to companies in this sector.

To provide a steer, we’ve asked: Rob Burgeman, investment manager at RBC Brewin Dolphin; Andrew Cheung, investment analyst at EQ Investors; Darko Kuzmanovic, senior portfolio manager, global natural resources team, Janus Henderson Investors; and Cormac Weldon, co-manager of the Artemis US Select Fund, for a selection of uranium-linked stocks and funds that potentially fit the bill.

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