Q: I believe that the tides are changing for nuclear power/attitudes are shifting.. over the next decade i expect there will be a lot more demand for uranium.
What are the best ways to play this? Cameco is the one that comes to mind, but would a Uranium price based index be best or some sort of mix? I'd like something that has a bit of torque without being too risky.
What do you think?
What are the best ways to play this? Cameco is the one that comes to mind, but would a Uranium price based index be best or some sort of mix? I'd like something that has a bit of torque without being too risky.
What do you think?
5i Research Answer:
Single companies have more leverage of course, and if only one is to be owned we think CCO does make the most sense. But if one just wants general exposure to the sector, we would suggest an ETF such as URNM.