Global X Uranium ETF (URA) Could See Even More Upside
Uranium stocks have been explosive in recent months, and the Global X Uranium ETF (URA) is leading the charge. This fund has gained significant attention from traders and investors alike, thanks to powerful political and economic tailwinds.
Since early May, URA has soared from about $20 to over $37—a nearly 85% rally in just a few months. But there may be even more upside ahead for this high-potential ETF.
Two Major Catalysts Driving URA Higher
1. A Push for Nuclear Expansion
Former President Donald Trump’s plan to quadruple nuclear power by 2050 has sparked renewed investor interest in uranium. According to BMO Capital Markets, the long-term energy strategy focuses heavily on next-generation nuclear technology.
As U.S. Secretary of Energy Chris Wright recently stated, “The long-awaited American nuclear renaissance must launch during President Trump’s administration… America must lead the commercialization of affordable and abundant nuclear energy.”
2. Nuclear Power for AI Infrastructure
Nuclear energy is also being positioned as a clean solution to the energy-intensive demands of AI and data centers.
In a recent deal, Meta Platforms partnered with Constellation Energy for a 20-year nuclear power supply agreement. The agreement will tap into Constellation’s Clinton Clean Energy Center, which produces over 1,100 megawatts of emission-free nuclear energy—powered by uranium.
Morningstar noted that this agreement is key to Meta’s plan to power its AI infrastructure sustainably and efficiently.
Why URA Deserves a Spot on Your Radar
As demand for clean, scalable energy increases—especially from AI and industrial sectors—uranium may become a key commodity. The Global X Uranium ETF provides diversified exposure to the entire uranium supply chain, making it a strategic choice for traders positioning ahead of the next move.
Looking for more opportunities like this? Ian Cooper, a veteran trader known for blending technical, fundamental, and news-based trading strategies, continues to spotlight under-the-radar trades like URA in his Premium Options Strategies service.
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