Centrus (LEU) Is The Pick If You Want Uranium Stocks, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed & Continued To Talk About AI & Enterprise Software.  Centrus Energy Corp. (NYSE:LEU) is one of the stocks Jim Cramer discussed.

Centrus Energy Corp. (NYSE:LEU) is a nuclear power generation products provider. The shares are up by a strong 128% over the past year and are down by 24% year-to-date. Centrus Energy Corp. (NYSE:LEU) reported its fiscal fourth-quarter earnings on February 10th. The results saw the firm bring in $146 million in revenue and $0.79 in earnings per share to miss analyst estimates for both figures. On the 19th, Citi cut Centrus Energy Corp. (NYSE:LEU)’s share price target to $225 from $292 and kept a Neutral rating on the shares. The target cut came after Northland had discussed the firm on the 12th. It reduced the share price target to $285 from $325 and maintained an Outperform rating. The financial firm pointed out that Centrus Energy Corp. (NYSE:LEU)’s share price pullback following the fourth quarter earnings report could provide an entry point. Cramer discussed the firm as it rang the opening bell:

“I will point out that this company that is ringing the opening bell, is, if you want uranium, this would be my pick. I’m not kidding. It’s got great revenues, it’s a great company and I think uranium’s really important under this administration. They would build a nuclear power plant in your backyard and you better like it.”

While we acknowledge the potential of LEU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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