Nuclear energy stocks

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Have you thought about including Nuclear energy stocks in the growth stocks? There are SMR being considered in Canada and the US. Do you think it is time to invest in one of the companies? If so which one? Or would you consider an ETF instead?

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Asked on December 7, 2024 10:47 am
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It is certainly an industry that is easy to be bullish on. It is a sustainable form of cleaner energy. The issue we have right now is the high initial input costs and government regulations/political type risks.

In addition to this, the falling costs of other forms of renewable energy definitely adds some potential headwinds. If alternatives like solar and wind become more viable from a cost perspective, they ultimately become better options than nuclear.

I'm on the fence right now to be honest. I do believe it is the most reliable energy source we have at our disposal and it does seem like more and more governments are now warming up to it over the last 10-15 years.

If I were to want exposure to the industry, I'd certainly go an ETF route over individual power producers

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Posted by Dan Kent
Answered on December 10, 2024 1:31 pm
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Why has Sprott Uranium ETF underperformed stock like Cameco by such a margin?
(gordhj@yahoo.ca at December 11, 2024 5:09 pm)