Trump's Nuclear Initiative Sends Energy Fuels to New 10-Year Highs: Should You Buy Shares?

Energy Fuels (UUUU) stock surged 14% after the Trump administration's Department of Energy announced an initiative to rebuild America's nuclear fuel supply chain. The company leads US uranium production and has been building a rare earth operation. The nuclear sector surged, with Oklo (OKLO) up 10.6%, Denison Mines (DNN) up 9.3%, and NexGen Energy up 9.1%. Energy Fuels' feasibility studies for rare earth expansion show strong economics, with a potential $1.9 billion net present value and 33% internal rate of return.