Three Nuclear ETFs to Capture the Obama Administration’s Latest Initiatives
Monday, March 15th, 2010
Tom Lydon (ETF Trends) submits:
As the Obama administration and other governments give the green light to the nuclear industry, investors are pouring into nuclear ETFs in an attempt to capitalize on the surge in alternative-energy initiatives.
The White House has guaranteed more than $8 billion in loan guarantees for funding construction of two new nuclear reactors, and Richard Phillips, senior index analyst at New York-based S-Network, says that around the world “there are more than 200 new nuclear reactors under order, and many more are expected to come,” as stated at IndexUniverse.
