This is a relatively small-cap stock that has tons of potential. The risk versus reward is definitely worth the purchase. The company is Energy Fuels Inc (UUUU) which is a USA based Uranium company. Technically, it has had nice volume the past few months. It has formed a nice V-indicator and its time for it to push the boundaries off the $2.50 price which it currently sits at this time.
Fundamentally, the uranium sector is still at a market low on pricing. It won’t take much to get this going. Donald Trump tweeted in November that he wants US to ‘strengthen and expand its nuclear capability.’ If Mr. Trump renegotiates NAFTA, it will cost more to import Uranium from Canada to USA. Energy Fuels Inc would get a nice boost of customers being in USA and, therefore, not being part of the tariff. You will bet that Mr. Trump will be most bullish on all USA companies and he will give the most benefits to make sure they grow especially if they can offer more jobs. Also, internationally, if any relations go sour with Russia other suppliers, they won’t want to import Uranium to us.
UUUU is currently at $2.45. I bought some today. It is a small cap that DOES have risk but it is worth the reward.