Centrus Energy Corp. (NYSE:LEU) is highlighted as one of the best short squeeze stocks to buy right now, with a Buy rating and $86 price target from Daiwa Securities. The company predicts a U.S. uranium enrichment supply shortage in 2028 due to the expiration of a Russian import waiver, cutting off 25% of supply.

To address financial needs, Centrus Energy Corp. (NYSE:LEU) announced an ATM equity offering sales agreement to raise around $1 billion in Class A common stock. Evercore ISI maintains an Outperform rating, calling it a proactive move to capitalize on rising SWU prices.

As a Maryland-based nuclear fuel supplier, Centrus Energy Corp. (NYSE:LEU) operates in Low-Enriched Uranium and Technical Solutions. While LEU shows promise, the company’s financial move is seen as strategic, leveraging market conditions to raise capital for future growth and operations.

Read more at Yahoo Finance.: Daiwa Securities Maintains Buy as Centrus Energy (LEU) Plans $1 Billion ATM Offering