The price of uranium has been ticking higher, making nuclear-focused exchange traded funds (ETFs) attractive.
At the time, Richard Kang for Seeking Alpha wrote an article about the price increases last year, ways to get diversified exposure to uranium was through stocks for companies such as Unranium Participation Corp (U) and Cameco (CCJ).
Fast-forward one year, and investors have now got three ways to access the market for nuclear energy: the Market Vectors Nuclear Energy (NLR), Barclays iShares Global Nuclear Energy (NUCL) and PowerShares Global Nuclear Energy (PKN).
Evidence is pointing to emerging markets as the particular market for future growth for nuclear energy, where the stigma and reputation toward nuclear energy is not as great as it is here in the United States. The need for nuclear energy in the developing countries is obvious when you consider the competition for oil within the United States and China. They are in need for alternative energy choices the most.