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Demand for Uranium is on the rise with the Nuclear Energy renaissance.
The Global X Uranium ETF strikes a good balance of exposure to mining uranium, physical stocks, and related activities, providing potential for growth and diversification.
The portfolio has a consensus upside of 38% to YE24 on a PEG of 0.7x.
The primary risk, apart from lower uranium prices, is that over 30% of AUM is in stocks that have zero revenue in the next two years.