GO
Loading...

Stock Picker: How To Play the Nuclear Game

Andrew Fisher
Monday, 25 Aug 2008 | 1:27 PM ET
Nuclear Power Plant
Nuclear Power Plant

Bill Spiropoulos likes America's new-found fondness for nuclear power, and he says there's one stock that stands to benefit a lot. He refers to Republican presidential candidate John McCain's call for the construction of 25 nuclear power plants.

"You can't do that unless you have the yellowcake (uranium ore)," the chief executive of Core States Capital Advisors told CNBC.

Recommendations:

So what company has the biggest slice of yellowcake?

Market Pulse Check
Discussing diapers, oil services and yellow cake, with Bill Schultz, McQueen, Ball & Associates and Bill Spiropoulos, CoreStates Capital Advisors

"I think that BHP (Billiton) is a great trade," he said.

For those less willing to bet on a single stock, he recommends the Powershares Global Nuclear ETF.

"You can buy the whole global industry...in one fell swoop," he said. "It's clean, it's tidy, and you don't have to worry about what parts you should have or should not have."

______________________________
More from CNBC Stock Blog:

- Expert Picks Top Five ETFs

______________________________

Disclosures:

Disclosure information for Bill Spiropoulos was not immediately available.

Disclaimer

  Price   Change %Change
BHP
---
PKI
---

Featured