The uranium trade just got a tailwind thanks to AI

I’m on it early

June 04, 2025

TODAY’S TOP ALERT! 

Foremost Clean Energy (Nasdaq: FMST)

Hey Folks, Jeff Bishop checking in.

The markets ticked slightly higher this morning despite the weak job report from ADP.

The Dow Jones forecast for private payroll additions was 110,000, but the reading came in way under that at 37,000. It was the lowest level in more than two years.

Right on cue, President Trump weighed in:

With inflation flirting with 2% and that dismal jobs report, he may have a point…

It’s the trade war uncertainty that’s kept the Fed at bay, of course, and if that does largely resolve by the 90-day deadline, I won’t be surprised to see a rate cut.

And I think that’s why the markets are bouncing a bit here.

On the home front, my “tactical trade” idea of the day, Foremost Clean Energy Ltd. (FMST), has done great this morning.

In my alert before the bell, I noted that the stock had gone parabolic since May, helped along by favorable news from Silicon Valley and D.C.

Just yesterday, we learned that Meta signed a nuclear power deal “to fuel its artificial-intelligence ambitions.”

In a deal with Constellation Energy, Meta will buy the power output of a plant in Illinois for 20 years.

That certainly can’t hurt a company like FMST that’s aiming to provide the raw material — uranium — necessary for the plant.

The stock pushed into the double-digits this morning.

I took this screenshot on my phone as FMST was on a wild bull run.

This says it all I think – another new 52-week high!

It just doesn’t get more bullish than that.  I hope you’re paying attention to it.

If you look at the chart, this is more of the same trend for FMST. The stock is now up more than 450% from May 1, and more than 350% from my May 12 alert.

I’m very excited to see where FMST goes from here, and I encourage you to keep it at the top of your trading radar.

Talk to you soon.

To Your Success,

 

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Now, diving right into Foremost Clean Energy Ltd might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.

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