Organization: Uranium stocks expected to benefit from concerns over energy security.

Canaccord Genuity believes that now is the time to increase exposure to uranium stocks. The brokerage firm states, "Uranium is a high beta sector, but in our view, it should benefit from growing attention to energy security, which is not reflected in stock prices." The firm reports that the current price implies an average value of $88 per pound. In comparison, long-term contract prices are around $90-93 per pound, while Canaccord's long-term forecast is $110 per pound. The firm says, "Given recent volatility, we focus on recommending stocks with upward momentum and potential positive catalysts." This includes NexGen Energy, Uranium Energy, Denison Mines, and Atha Energy in North America. In Australia, the firm recommends Paladin Energy, Deep Yellow, and Bannerman Energy, while in the UK they recommend Yellow Cake.