# I Want to Invest in Nuclear Energy

**URL:** <https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398>\
**Category:** In My Humble Opinion\
**Created:** [April 29, 2008, 9:41pm UTC](https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398 "2008-04-29T21:41:59Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![HeyHomie](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/heyhomie/32/207_2.png) [@HeyHomie](https://boards.straightdope.com/u/HeyHomie)\
**Post date:** [April 29, 2008, 9:41pm UTC](https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398/1 "2008-04-29T21:41:59Z")

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How do I go about it? I have in my hands a list of companies that have filed applications for the building of nuclear power plants\*. Do I just head for the nearest stock broker and start asking for quotes? Does anyone know of an atomic energy-based mutual fund?

\*I’m not really sure I understand this. ISTR hearing that no new nuclear power plant has been built in the US since Chernobyl, if not before. If this is the case, are these applications merely preliminary - meaning, having your application approved simply means you’ve cleared the first of several hurdles, one of which is government approval to resume building nuclear power plants in the US?

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**Author:** ![Garfield226](https://avatars.discourse-cdn.com/v4/letter/g/9e8a1a/32.png) [@Garfield226](https://boards.straightdope.com/u/Garfield226)\
**Post date:** [April 30, 2008, 1:19am UTC](https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398/2 "2008-04-30T01:19:55Z")

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Maybe a mutual fund? There are many that specialize in utilities. I own one in particular whose two biggest holdings are Entergy and Exelon – both of which own and operate nuclear plants.

They’re traded on their own too, of course ([ETR](http://finance.google.com/finance?q=ETR) and [EXC](http://finance.google.com/finance?q=EXC)), but they’re pretty steep and with the funds you get diversification.

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**Author:** ![Garfield226](https://avatars.discourse-cdn.com/v4/letter/g/9e8a1a/32.png) [@Garfield226](https://boards.straightdope.com/u/Garfield226)\
**Post date:** [April 30, 2008, 1:34am UTC](https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398/3 "2008-04-30T01:34:55Z")

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For a local connection, Exelon operates, near as I can tell, all the nuke plants in Illinois (among others).

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**Author:** ![bouv](https://avatars.discourse-cdn.com/v4/letter/b/bc8723/32.png) [@bouv](https://boards.straightdope.com/u/bouv)\
**Post date:** [April 30, 2008, 3:06am UTC](https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398/4 "2008-04-30T03:06:27Z")

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Well, my best friend works in a nuclear plant, so I guess you can just send him five bucks, or something.

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**Author:** ![Khadaji](https://avatars.discourse-cdn.com/v4/letter/k/9e8a1a/32.png) [@Khadaji](https://boards.straightdope.com/u/Khadaji)\
**Post date:** [April 30, 2008, 11:13am UTC](https://boards.straightdope.com/t/i-want-to-invest-in-nuclear-energy/447398/5 "2008-04-30T11:13:49Z")

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I’ve been investing in Uranium companies. But they have been my “gamble” stocks. Right now I have about 14000 shares of UraniumCore Company. It is a penny stock at about 15 cents right now (but was around 8 cents when I bought it.)