UEC - Is Uranium Energy Stock a Millionaire Maker?
2024-03-12 10:49:00 ET
There's no question about it: Uranium Energy (NYSEMKT: UEC) could have turned investors into millionaires.
In 2020, shares traded under $0.40 per share. Last month, the stock price topped $8. If you had timed things perfectly, a $46,000 investment would have turned into a $1 million fortune over just four years.
Of course, it's impossible to accurately time the market at will and we can't relive the past. And not everyone has $46,000 to throw around. So, the question today is whether Uranium Energy stock can be a millionaire-maker stock again, preferably using a smaller initial investment.
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Is Uranium Energy Stock a Millionaire Maker?