5 Uranium Stocks Popular on Reddit

3. NexGen Energy Ltd. (NYSE:NXE)

Number of Hedge Fund Holders: 19  

NexGen Energy Ltd. (NYSE:NXE) is a Canadian firm that develops uranium properties. The stock has returned more than 58% to investors year-to-date amid interest from the Redditor crowd and the increase in prices of uranium. 

NexGen Energy Ltd. (NYSE:NXE) has a market cap of more than $2 billion and was founded in 2011. One of the premier projects of the firm is the Rook I that consists of 32 contiguous mineral claims on 35,065 hectares in the Athabasca Basin. 

Among the hedge funds being tracked by Insider Monkey, New York-based firm Falcon Edge Capital is a leading shareholder in NexGen Energy Ltd. (NYSE:NXE) with 3.8 million shares worth more than $18 million.