Top-10 Sectors Gain Over 15% In July – URRE, DNN, CCJ
Post by Geetha Raghavan, Uranium Researcher
Tickerspy Newswire reports after a shaky second quarter select sectors have rebounded in July.
A look at the top-10 tickerspy Indexes over the last month shows that a diverse group of industries powered higher for the period, and some closely watched sectors were among them.
Elsewhere, Uranium Resources (URRE), Denison Mines (DNN), and Cameco (CCJ) all helped the Uranium Stocks Index outperform the S&P by 10% over the last month. Earlier this week, Uranium Energy CEO Amir Adani said, “Throughout the industry, demand far exceeds supply on both a global and local-U.S. basis for now and the forseeable future.” While not all analysts are in agreement, investors have clearly gotten more optimistic, sending more than half of the Index’s components higher by over 10% in the past five sessions.
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