Best Stocks for 2008: Charged up over Nuclear Energy ETF (NLR)


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."

Symbol Lookup
IndexesChangePrice
DJIA+49.5012,850.73
NASDAQ+24.322,928.20
S&P 500+7.731,350.37

Last updated: February 13, 2012: 10:27 AM

Hot Stocks

General Electric

18.935+0.06(+0.32)

Alcoa

10.32+0.03(+0.29)

Apple Inc

499.29+5.87(+1.19)

Google Inc 'A'

612.61+6.70(+1.11)

Bank of America

8.24+0.17(+2.11)

Wal-Mart Stores

61.87-0.03(-0.05)

Exxon Mobil Corp

83.96+0.16(+0.19)

Ford

12.56+0.12(+0.96)

Citigroup

33.43+0.505(+1.53)

IBM

192.75+0.33(+0.17)

Yahoo

16.09-0.05(-0.31)

Starbucks

48.95+0.13(+0.27)

Microsoft

30.61+0.115(+0.38)

Home Depot

45.61+0.28(+0.62)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1329146834578 ms.