The easiest way for an individual to invest in uranium stocks is to purchase the Global X Uranium exchange-traded fund with the ticker symbol URA. The Global X Uranium ETF tracks the performance of the Solactive Global Uranium Index, which is made up of companies primarily engaged in some aspect of the uranium mining industry, such as mining, refining, exploration and equipment manufacturing.
Another way for investors to express an interest in uranium is through individual stocks. The world's largest publicly traded uranium miner is Cameco, a Canadian company listed on the New York Stock Exchange under ticker CCJ. While Cameco has struggled with profitability in the past, as of August 2014, Morningstar analysts expect Cameco's annual uranium output to rise approximately 50 percent through 2019.
Other companies to consider in the uranium complex include Dennison Mines (DNN), USEC (USU) and Paladin Energy, which trades in the over-the-counter market. The stock of Uranium Participation, a company managed by Dennison Mines, also trades over-the-counter and offers direct exposure to the price of uranium through its uranium oxide and uranium hexafluoride holdings. Finally, investors may want to consider companies involved in nuclear power generation like Exelon (EXC), the largest nuclear power plant owner in the United States.