Top 97%
I like this one. Past management decisions aside, USEC is sure to benefit from a changing national energy infrastructure and renewed nuclear interest. The new plant proposal has some hangups. But their refueling cycle is coming up, so look for strong gains around the release.
Does anyone know why they specifically stopped paying dividends awhiles back?
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Top 98%
ramigabai
May 21 at 4:30 ET
I think it is among the rest because of the major investment in ACP (American Centrifuge Plant) which run about 50 percent over budget to $3.5B.
http://www.usw550.org/gpage7.html
Top 1%
guliamo
May 21 at 9:46 ET
Usually you stop paying dividends when you're preparing to acquire a company or launch a massive buyback. I don't think small caps should pay dividends at all but agree that a uranium play looks interesting as part of an energy strategy. I'm thinking of a 5% piece within my energy holdings going in that direction as Nuclear energy has all the right credentials to fly.
Top 97%
Imbythelake
May 21 at 2:31 ET
Is actual construction underway for the new plant? I could only find reports on them finalizing the design and building supply chains and whatnot.
Top 72%
arawak
May 21 at 3:30 ET
Personally I hold UUU on the TSX and SXRZF on the pinksheets (same company). UUU is nice as it is a hedge against the wilting greenback. The company has been heartily slapped around but they are seemingly regaining their footing. An anticipated rise in U prices will help as well. Trading near 52-wk lows which I always like.