This is a bet only the bravest of bottom feeders can stomach: Wading in against the current of bad nuclear news from Japan. Market Vectors Uranium + Nuclear Energy (NLR) had been on a tear this year until getting pummeled in the wake of the Japanese tsunami a couple of weeks ago. Global X Uranium (URA), which only started trading in Novemeber, got smashed too, not surprisingly. Time to buy?
An article in a recent Investors Business Daily features interviews with industry experts who mostly seem bullish about the long-term prospects for nuclear energy. Listen past the headlines, the interviewed experts say.