Does enCore Energy (EU) Offer a Good Investment Opportunity Amid a Renewed Interest in Nuclear?

enCore Energy Corp. (NASDAQ:EU) is included among the 13 Best Nuclear Power Stocks to Buy According to Analysts.

enCore Energy Corp. (NASDAQ:EU) engages in the acquisition, exploration, and development of uranium resource properties in the United States.

enCore Energy Corp. (NASDAQ:EU) extracted 203,798 pounds of uranium in the second quarter of 2025, up by a significant 79% from Q1. These numbers are expected to pump after the company announced the acquisition of a 5,900 acre parcel of private land located immediately adjacent to its Alta Mesa uranium project in Texas.

enCore Energy Corp. (NASDAQ:EU) also received a significant boost recently after it was reported that the U.S. Environmental Protection Agency has dismissed a review petition against permits for its Dewey Burdock uranium project. enCore said the project remains on a federal fast-track permitting program.

Following a resurgence of the American nuclear energy sector under the Trump administration and the recent increase in the price of uranium, the stock of enCore Energy Corp. (NASDAQ:EU) has surged by more than 180% over the last six months.

While we acknowledge the potential of EU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Top 10 Stocks Under $10 That Could Triple and 10 Best Affordable Stocks Under $50 to Buy.

Disclosure: None.