Nuclear Energy And Uranium Stocks Poised To Rebound

Long Tail

Daily Markets reports on uranium stocks and nuclear energy will make a rebound.

Daily Markets reports on uranium stocks and nuclear energy will make a rebound.

The market news is quoted as saying:

A significant base may be forming in uranium stocks — seen in the Global X Uranium ETF (URA) — as Japan’s troubled nuclear energy industry passed its first major vote since the Fukushima tragedy. Many of the stocks that make up this ETF are down more than 40% such as Uranium Resources (NASDAQ:URRE) and Uranium Energy Corporation (UEC). But positive news is beginning to reemerge after three months of naysaying. Fukushima is proving nuclear is here to stay.

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