Reported 1 day ago
Hedge fund managers are becoming cautious about overvalued nuclear power stocks after a significant rally this year, with funds like Tribeca Investment Partners and Segra Capital Management trimming exposure. Concerns arise from the rapid valuation increase of nuclear technology linked to the growth of Big Tech and investments in low-carbon energy. Some analysts, like those from JPMorgan, warn of risks in the sector, coining the term 'NucleHype' for the phenomenon. Despite the current market volatility and profit-paring, there are still opportunities in uranium supply chains that could lead to price pressures in the coming years.
Source: YAHOO