Wednesday, September 25, 2024

Why I’m Bullish on Nuclear Energy

Trade of the Day Wake-Up Watchlist

"Electricity demands are surging, and so could this nuclear energy stock."

Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance

Karim Rahemtulla

Editor's Note: We have another exciting FREE event coming up at Monument Traders Alliance.

Next week, our Head Trading Tactician Bryan Bottarelli will be going live to demo his latest "gift gap" strategy.

There will also be a Q&A at the end.

You won't want to miss a second of this.

Click here to get on the guest list for FREE today.

- Ryan Fitzwater, Publisher

------------------------------------------------------------------------------------------------------------------------------

A few weeks ago, I mentioned Generac (GNRC) was on my watchlist as we entered the height of hurricane season.

If you didn't know, Generac sells backup generators to those who need power after storms roll through.

And since several new storm systems were swirling around the Atlantic this month, I believed a bounce in the stock was imminent.

This week we got that bounce.

 

As you'll see in the chart above, GNRC started making its move around September 16 before making a move on Sept. 23.

We were positioned in The War Room, and yesterday closed for a 19% gain in less than 1 trading day.

Here's what a few War Room Members had to say about the trade…

 

 

 

That's the power of trading trends like GNRC every year. They give you the ability to smart speculate as a trader.

If you missed out on this trade, don't worry. I have another watchlist pick for this week to potentially profit on another trend.

The stock is Cameco (CCJ) – the world's largest publicly traded uranium company.

Cameco's stock shot up last week after reports that Constellation Energy was restarting the Three Mile Island nuclear plant. The goal of the restart is to use nuclear energy to power AI infrastructure demand for big tech companies like Micros

You're Invited: Meet S.A.M.
The Next-Gen AI Tool

Nate on stage
 

Multimillionaire trader who turned $37K into $2.7 million in just 4 years is hosting a summit to reveal his revolutionary new AI trading research tool "S.A.M."

See how it could have unlocked top gains of up to 219%, 326% and 2,250% within 9 days or less!

>> SEE S.A.M. in Action <<

This is a potential huge development for nuclear.

In fact, energy demand from data centers is expected to surge in the coming decades as the tech sector ramps up AI.

While estimates vary, Goldman Sachs is forecasting data centers will consume 8% of total U.S. electricity demand by 2030, compared to 3% today.

Action Plan: With the restart of Three Mile Island, nuclear energy has strong potential in the short and long-term. That's why I'll be looking to do a spread trade in Cameco (CCJ) on a pullback in The War Room.

To see exactly how I'm playing it, click here.

Famous Trader Puts AI To The Test
(You're Not Going To Believe This)

Nate at Computer
 

Multimillionaire Trader just put a powerful new AI Trading research tool through the ringer and recorded it...

The results? Well, you gotta see them for yourself to believe.

See what he uncovered that will change the way he trades (forever).

SEE THE RESULTS HERE

No comments:

Post a Comment

Marcos says DOJ evaluating EJK evidence

Take it from President Marcos himself: MalacaΓ±ang and the Justice department are closely monitoring the congressional probes ͏ ‌      ͏ ‌  ...