Speaking with the Investing News Network's Charlotte McLeod, Peter Grandich of Peter Grandich & Co. underscored the positive long term fundamentals of the uranium market and his expectations for equities.
“The uranium story itself is finally getting better… the near perfect storm is here.” he said, noting that all the factors that should drive electrical demand higher are merging, particularly electrification and AI data center needs.
“I don't think uranium has to go to US$200 in order to make money,” said Grandich. I just think it needs to go back to where it was a couple years ago, a little above US$100 and these stocks will quadruple.”
Watch the interview above for more from Grandich on the energy sector and gold’s 2025 performance.
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Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
