Jim Cramer Energy Fuels: “I Question if This Stock Should Be Up Over 215% For the Year
Group 1 - Energy Fuels Inc. (NYSE:UUUU) has experienced a significant stock rally, with a year-to-date increase of over 215% [1] - The company is involved in uranium exploration and development, as well as the production of vanadium and rare earth elements [2] - Despite the stock's high valuation, there is skepticism about the near-term growth of nuclear power in the U.S., which could take a decade for new plants to be built [1] Group 2 - The recent surge in Energy Fuels' stock price is attributed to a boom in rare earth elements [2] - There are alternative investment opportunities in AI stocks that may offer greater upside potential and lower downside risk compared to Energy Fuels [3]