Rocky’s Weekly Stock Picks
Nuclear Power is the way of the future. I mean we’ve been splitting atoms for nearly a century….eh, nevermind, not going to get into it. Point being, the Green New Deal presents us with two choices for our energy concern - Use nuclear, or go without. Also natural gas, but its energy density leaves something to be desired. (That isn’t an explicit statement, that’s just the only way to eliminate carbon emissions while meeting an ever-increasing demand for energy).
Uranium mining and refining, power plant construction, steel, concrete, rare earths….these are things we want to get in on before share prices take off. Fermi 3 in Michigan is going to start being constructed Soon™, so there’s that.
DUK - Kind of pricey already, but a low risk pick to be sure.
ECIFY - Electricite de France. This is the symbol for trading in US markets. If you can, the EDF looks more appealing….Whatever, doesn’t matter. This company is involved in refining or some such inside the States, meaning they can turn a profit without relying on new constructions. Also, they’re French. Nuclear energy is one thing the French do well.
EDF - Not to be confused with Electricite de France, THIS Nuclear stock has a 2/11/2021 ex-div coming up. About $8.50/share with an expected 11% return. The only possible downside here is if you’re looking to cash out and miss your opportunity before the price drops, AND holding isn’t an option. Also, no Options contracts.
NLR - This is an ETF, so you may just give this a pass. My feelings on ETFs fluctuate, but if only for diversity’s sake they’re worth having. What makes this one stand out? It’s on a list in a tab I already have open, so I don’t have to research further.
LEU - Centrus Energy Corp, their job is to procure uranium from Khazakstan for use in the US. I personally chose not to get involved with Centrus because….Khazakstan. But honestly it’s a good investment, I just don’t trust [former-ish] Soviets.
There’s some nuclear options I would advise against, strongly. First, is GE. I mean, it’s GE, so you can count on many more decades of mediocre returns, but regarding its nuclear operations….it’s a mess. They’re involved with multiple Japanese companies blah blah blah, omg they need to sort themselves out. The Japanese part isn’t much of an issue so much as too many hands in the pot.
Aside from GE, specifically avoid any Chinese stock or fund. There’s ample reason to avoid all things Chinese to begin with, least of which being the fact that they are AT WAR WITH THE UNITED STATES….they’re also really bad at utilizing nuclear energy. Even giving them benefit of the doubt, you don’t want to put your money into a company that could (literally) collapse into dust at any moment.
That does it for this week’s stock picks. There is an S&P nuclear index (NUCL) but I can’t endorse it. Not saying I wouldn’t buy in if I could afford to, but I wouldn’t recommend for or against at this time. Does this list seem boring to you? Good.
BORING NUCLEAR IS SAFE NUCLEAR
