Nuclear Energy Stocks

[gfp927z]

The nuclear sector had that huge decline for over a decade, then finally bottomed a few years ago, and is starting to recover. With much of the world actively building nuke plants, I figure there could be an extended recovery ahead. Helping emerging countries build nuke plants is a key factor in China-Russia's strategy to expand BRICS, and the US is being forced to scramble to get into the game via offering the new SMR / small reactors. So if everyone is getting into it, I guess us investors should too.

The sector appears to have complex dynamics, but I figure a modest investment in the broader ETFs makes sense.. I don't know enough about the sector to pick individual stocks, but Centrus Energy (LEU) sounds promising so what the heck, and the longer term chart looks interesting also.

NLR is somewhat different than the other ETFS (URA, URNM) in that it has more nuclear utilities, while the others are heavier into the uranium mining side. The NLR chart is starting to look a little near term overbought, but the others look like they may just be getting warmed up.



---