The Stock of the Day is Paladin Energy (PDN)

Описание: Paladin Energy (PDN) has become Australia's first listed uranium producer, with news that it has produced its first uranium concentrate from their Langer Heinrich mine in Namibia. Shares are up around 5% off the back of this news. Our experts, Scott Phillips from The Motley Fool and Mark Moreland from TeamInvest, share their views on this news and on the company. Scott says that while it's great news for shareholders, it's important to also take a long-term view and these predictions are difficult to make due to uranium's involvement in the global energy market's politics and unpredictability. Mark agrees with Scott, noting that measuring future profitability is difficult and potential oversupply risks make this a stock that he would approach cautiously. So will it be a buy, hold or sell?

Watch the full episode here: https://ausbiz.co/thecall-0204

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