Uranium Energy: Buy, Sell, or Hold? | The Motley Fool

- The price of uranium has risen, with spot prices hitting $100 in 2024 - Investors are bidding up the prices of uranium-related companies like Uranium Energy Corp (UEC) - Uranium Energy Corp owns a large stockpile of uranium bought at lower prices - The company plans to reopen one mine in August 2024 and has other mines planned - Uranium Energy Corp's stock has been volatile, with a risk of a downturn in uranium prices leading to a correction - Reasons to sell Uranium Energy Corp include locking in gains, volatile nature of the stock, and execution risk in opening and building mines - Uranium Energy Corp is risky and only suitable for the most aggressive investors