|
FatalWishes
Administrator
Posts: 5589
Registered: 6/24/2004
Location: Fort Worth Texas
Member Is Offline
Points: 104381
Mood: Aging Cynic
|
Nuclear energy Stocks
General Electric (GE) would be one that actually builds the plants.
Then there is Bethesda USEC Inc. (USU), the world's leading supplier of enriched uranium fuel for commercial nuclear power plants. This is a cheap stock that should be trading around 30.00. If People start building nuke plants this stock is going to explode. You may want to take a small position of say $2000.00 in it just in case. That would give you 300 shares. Its EPS shows .58 which means wallstreet has ignored this stock since it is trading at $6.78. Don't chase stocks that money has already flowed to. Go to where the money will flow. It just may flow here.
Cameco (CCJ) is the same as USEC pretty much. Not sure about them, research is going to be required as to why there were downgraded.
Two more to research are
Denison Mines (AMEX: DNN)
Fronteer Development Group (AMEX: FRG)
Dominion Resources (D) owns dozens of Nuclear power plants and they got them cheap.
Other owners of a large number of Nuke plants are;
Southern Company (SO)
Constellation Energy Group (CEG)
FPL Group (FPL).
These look to be ETF's and portfolios. I'm trying to find the raw stocks in these.
Global Nuclear Energy (AMEX:NLR)
PowerShares Global Nuclear Energy Portfolio(PKN)
Hitachi (NYSE:HIT)
Exelon (NYSE:EXC)
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
|
|
FatalWishes
Administrator
Posts: 5589
Registered: 6/24/2004
Location: Fort Worth Texas
Member Is Offline
Points: 104381
Mood: Aging Cynic
|
New Nuclear Plants Are On Their Way, With Federal Help
UniStar Nuclear Energy is a joint venture between Constellation Energy (CEG) and EDF, a French energy giant that operates more than 50 nuclear reactors. A handful of U.S. utilities have joined UniStar, which plans to use nuclear technology from France-based Areva.
Nine U.S. utilities are in NuStart Energy, including Entergy, (ETR) Duke, (DUK) Exelon, (EXC)Progress Energy, (PGN) SCANA (SCG) and Southern Co. (SO) The group favors nuclear tech from GE and Westinghouse, owned by Japan's Toshiba.
Seeking to widen its U.S. business, Toshiba has invested in NRG Energy's (NRG) planned two nuclear plants.
DOE must award loan guarantees by 2009. They're contingent on utilities getting build and operate licenses from the Nuclear Regulatory Commission. The NRC is reviewing applications for 15 reactors from consortiums or utilities.
New nuclear power plants aren't expected to produce electricity until 2013 or 2014, at the earliest.
One utility seems ready to plow ahead without federal guarantees. SCANA's South Carolina Electric & Gas said in May it would build two nuclear plants for $9.8 billion.
Federal financing gets the most attention, but the 2005 energy act also offers up to $125 million in annual tax credits for nuclear plants' first eight years of operation.
That's key to attracting investors, says Robert Michaels, economics professor at California State University, Fullerton.
He adds, "It's becoming very difficult to site the most logical alternative, which is coal-fired plants."
Many nations plan to expand nuclear power, viewed as a clean, carbon-free electricity source, despite waste disposal concerns. Nuclear reactors are more costly to build than coal- or gas-fired plants. But operating costs are far lower.
McCain has been a long-time supporter of nuclear power. He says it provides about 20% of U.S. electricity, despite a halt in building.
"In Europe and elsewhere, they have been expanding their use of nuclear energy," McCain said in a June 17 speech. "But we've waited so long that we've lost our domestic capability to even build these power plants. Nuclear power is among the surest ways to gain a clean, abundant and stable energy supply, as other nations understand. If they have the vision to set and carry out great goals in energy policy, then why don't we?"
Source Investors Daily
Source URL:
http://www.investors.com/edi...?artsec=5&issue=20080620
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
|
|
|
|
| Site Stats |
Registered Users: 155
Topics: 4126
Posts: 21003
News Stories: 154908
Satellite Images: 1374344
|
|
![[*]](/images/corporate/default_icon.gif){kind=icon}
posted on 6/6/2008 at 07:40
