URA ETF: A Gateway To The Uranium Industry

GOCMEN/iStock via Getty Images Investment Thesis

Global X Uranium (NYSEARCA: URA ) is an ETF that tracks uranium equities. Here I describe the reasons to be bullish on uranium, the key element in the generation of nuclear energy.

My analysis focuses on nuclear energy as a complement to green energy sources by offering a dependable and low-carbon energy solution that can work in tandem with renewables to meet our growing energy demands while minimizing our environmental impact.

On this occasion, I haven’t focused my discussion on the supply-demand balance question facing uranium, but you can see this neatly described below in graphic form. CCJ annual report Uranium is used as fuel in nuclear reactors, and utilities require uranium to meet the increasing gap between supply and demand that is expected to build into the middle of this decade, highlighted above.Without further ado, here’s why I’m bullish on ETF, while also noting […]

Click here to view original web page at seekingalpha.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.