Absolutely. Uranium is gaining significant traction due to global policy shifts and increasing demand. For instance, the U.S. under President Trump has introduced executive orders to fast-track reactor licensing and promote uranium mining, which has already boosted uranium prices and related energy stocks.

While the outlook is promising, it's essential to approach with caution. Uranium markets can be volatile, and geopolitical factors play a significant role. However, with Asia leading in nuclear capacity expansion and countries like Japan and Germany reconsidering nuclear energy, the long-term prospects look favorable.

Investors should consider a diversified approach. Large producers like Paladin and Boss Energy offer stability, while junior miners and uranium ETFs like URNM and URA provide higher growth potential. Given the current market dynamics, uranium could indeed be a significant opportunity on the ASX.