Analysts Are Upgrading These 5 Stocks on Friday

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1. Denison Mines Corp. (NYSE:DNN)

Number of Hedge Fund Holders: 16

Denison Mines Corp. (NYSE:DNN) is up 4.20% as of 11:45 AM ET after the uranium development, exploration, and processing company was upgraded from a Hold to a Speculative Buy rating at TD Securities earlier today. Denison Mines Corp. (NYSE:DNN) can be considered a bet in case of a resurgence in demand for nuclear energy. European governments would now be forced to switch to nuclear energy to generate electricity as they would want to lower their reliance on Russian energy supplies following the Russia-Ukraine conflict.

Out of the 912 elite hedge funds in Insider Monkey’s database, 16 funds reported owning a stake in Denison Mines Corp. (NYSE:DNN) at the end of Q1 2022.

You can also take a peek at the 11 Best Video Game Stocks To Invest In and 12 Best American Stocks To Buy in 2022.

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