For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.
"My more speculative favorite for 2008 is Market Vectors Nuclear Energy (ASE: NLR)," says scientist and technology stock expert Josh Wolfe, editor of the Forbes Wolfe Emerging Tech Report.
"The Market Vectors Nuclear Energy exchange traded fund is one of the first dedicated nuclear energy ETFs, with exposure to both domestic and international companies. It began trading in August 2007.
"I'm a nuclear bull for a few reasons. As fears of global warming rise, fears of nuclear recede -- even environmentalists are getting on board. A month ago for the first time in US history, a coal plant was denied in Kansas on environmental grounds.
"I've called this the 'Kansas Syndrome' -- like the 'China Syndrome' that crippled growth of nuclear power for three decades -- coal's future may soon be in doubt.
"With solar, wind and other alternatives fashionable, they can't meet our baseload power requirements for electricity. Natural gas is volatile. I predict a resurgence of nuclear."And if you doubt America is ready -- the rest of the world sure is. Many ETFs will likely follow, but this one captures various parts of the nuclear fuel cycle from uranium players to engineering services. This is another long-term secular theme and requires patience. Consider this ETF as only part of a broader portfolio."










