Buy Nuclear Energy Stocks – 5 Best Nuclear Energy Stocks To Buy Right Now in 2021

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In 2021, the energy crisis has made the headlines as market participants saw booming oil prices, followed by sky-rocking energy stock prices. The recent focus on energy has also sparked interest in another market: nuclear energy stocks.

If you are one of the individuals who believe there’s real potential in nuclear energy, the next guide has been specially crafted for you. We will discuss the best nuclear energy stocks to buy right now and what you need to know before investing in this industry.

Table of Contents

#1 Broker to Buy Nuclear Energy Stocks – eToro

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  • Invest in a wide range of cryptocurrencies
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  • eToro crypto wallet included which makes it beginner-friendly
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How to Buy Nuclear Energy Stocks – A Quick Guide For 2021

If you are wondering what you need to do to buy nuclear energy stocks, follow the next steps and you’ll be able to trade or invest in these shares within minutes:

  • Step 1: Open an Account with eToroOpen eToro’s homepage and click to open a new account. You will then see a form that you need to fill in with your personal data.
  • Step 2: Upload Your ID – To complete the online identity verification process, you need to upload your government-issued ID and proof of residence.
  • Step 3: Deposit Funds – Once you are logged in, click on “deposit”. For most countries, the minimum deposit requirement is only $50. 
  • Step 4: Search for Nuclear Energy Stocks – eToro’s list of available assets allows you to sort stocks according to their industry. To find nuclear energy stocks, you need to access the “utilities” section.
  • Step 5: Buy Nuclear Energy Stocks – You can select one of our best nuclear energy stocks discussed below or analyze the whole list of available opportunities. When you are ready to begin your trading journey, click on “Trade” and submit your order details.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Nuclear Energy Stocks to Buy Now – List of the Best Nuclear Energy Stocks

The nuclear energy sector may be a difficult one to navigate, especially if you are a beginner. Below, you will find the best five nuclear energy stocks of this year:

  1. Cameco – The Largest Uranium Miner in the World
  2. NextEra Energy – Best Nuclear Energy Stock for Dividend Growth Investors
  3. Duke Energy Corp – Best Nuclear Energy Stock for a Stable Portfolio
  4. Lightbridge Corporation – Best Nuclear Energy Stock for Fuel Technology
  5. Uranium Energy – Best Nuclear Energy Stock for Risk-Taking Investors

How To Buy Nuclear Energy Stocks – Choose a Broker

If you want to buy nuclear energy stocks from the comfort of your home or office, you need to sign up with an online broker. Based on their features, costs, and analysis tools, these are our top choices:

  • eToro – Overall Best Place to Buy Nuclear Energy Stocks
  • AvaTrade – Trade Nuclear Energy Stocks at 0% Commission

What Are Nuclear Energy Stocks?

Nuclear energy refers to the energy that results from a reaction, typically either fusion or fission. In simple terms, mined and processed uranium is turned into fuel, which then makes steams that turns into electricity (energy). Nuclear energy does not only provide a steady supply of power (unlike wind energy, for instance), but it is also more reliable than other alternative energy sources and doesn’t emit greenhouse gases, a major cause of global warming.

Nuclear energy stocks are companies that help to generate such energy using uranium. Some of them may mine uranium directly, others develop technologies used by miners or other companies in this industry.

Best Nuclear Energy Stocks to Buy Now – Full Analysis

Now, let’s see which ones are the top nuclear energy stocks of this year. The following sections provide a deeper insight into stocks with double-digit growth in the past year and why you may want to add them to your portfolio.

1. Cameco – The Largest Uranium Miner in the World

With 64% share price growth in the past year, it is not difficult to understand why you may want to invest in Cameco. This is one of the largest miners in the world, thus its activity impacts the whole nuclear energy market, especially when it comes to the supply side. One such example is that Cameco decided to cut down the uranium mining activities in the past years as there were growing concerns of oversupplying uranium – which meant that prices would have plunged. Many other companies in this industry appreciated this move.

Apart from this, Cameco has a solid financial performance. For instance, in September 2021, Cameco had about $1 billion in debt, which was approximately the same as the previous year. However, if this huge figure may worry you, it’s worth mentioning that the company also had $1.4 billion in liquidities (cash), making it one of the best and most financially stable nuclear energy companies on the market.

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2. NextEra Energy – Best Nuclear Energy Stock for Dividend Growth Investors

If your strategy is on the conservative, passive side, NextEra Energy is a wise choice. This utility company has about 11 million customers as of this writing, making for the largest utility company in the U.S. In turn, this means that it has a monopolistic position on the market, but the prices are set by the government. In other words: predictable, stable, and reliable.

Despite this predictability, you can still notice a hefty stock price growth of 23.59% over the past year. With growing pressure on energy and oil prices, it is not surprising that the whole market keeps expanding. This is perhaps one of the most important reasons to invest in this nuclear energy stock.

Finally, NextEra Energy boasts a history of 27 years of annual dividend growth. In the last ten years, the average dividend growth rate was 10% and is expected to maintain this growth rate in 2022.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. Duke Energy Corp – Best Nuclear Energy Stock for a Stable Portfolio

Duke Energy is another established US energy company, with 11 nuclear units – or about half of the entire energy requirements for all the clients in North and South Carolina. Also, the company boasts that its production costs are some of the lowest on the market.

With nearly eight million customers, the company is also regulated by the government because it has a monopoly. This also means that its prices must be approved by the authorities, limiting its control over its profit.

Because of regulatory restrains, you can benefit from two perspectives: first, the company is steady and predictable, which means that you won’t see massive price swings that could hurt your portfolio. Secondly, this allows the company’s growth to be reliable in the future as it is not entirely market-driven, boosting its credibility among investors.

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4. Lightbridge Corporation – Best Nuclear Energy Stock for Fuel Technology

If you are into meme stocks, tech stocks, and all things popular, Lightbridge Corporation ticks all the boxes. The stock price has climbed to an all-time high of $14.60 following investors’ posts on social media (Reddit). Also, it has reported improved earnings results while its losses decreased.

Hedge funds also took an interest in Lightbridge Corp; for instance, Schonfeld owns more than 15,000 shares in this company. It develops fuel technology and it has recently received a positive reply from the US patent authorities regarding a metallic nuclear fuel assembly.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Uranium Energy – Best Nuclear Energy Stock for Risk-Taking Investors

Finally, Uranium Energy comes with the highest stock price increase, nearly 110% in the past year. As expected, higher returns expectations undoubtedly come with higher risk, so you must consider yourself quite a bold investor to pick this penny stock.

Why is this nuclear energy stock so risky? The company did not produce any uranium in 2021. Instead, it bought yellowcake (a uranium concentrated powder used in intermediary processing stages), aiming to sell it for a profit after uranium prices increase.

If this is not a convincing reason (and certainly so), Uranium Energy has one more trick in its sleeve. In November 2021, it announced its plans to purchase a part of one of the largest uranium producers in the world, Uranium One, which is split between American and Russian holdings.

This acquisition means that Uranium Energy will get its hands on one of the largest processing facilities in the US, currently capable of generating 2.5 million lbs of uranium per year. This will start making money straight away for Uranium Energy, which, in turn, will start generating profits for its investors.

Undoubtedly, there is no safety net with Uranium Energy as there is no estimation of when it starts production, but the impressive share price growth in 2021 may indicate that investors remain optimistic. 

67% of retail investor accounts lose money when trading CFDs with this provider.

Investing vs Trading Nuclear Energy Stocks

Nuclear energy stocks may not be suitable for just about any strategy. Below, let’s see what the main differences are between investing and trading them.

Invest in Nuclear Energy Stocks

If you want to invest your capital and build wealth over several years, you are considering becoming an investor. Investments are those baskets of financial assets (like stocks, bonds, funds, and others) that are held over a long period of time. During this time, your wealth grows via different methods, including dividends (for shares), interest (for bonds), and capital appreciation (share price grows, so your portfolio value increases, too).

Some nuclear energy stocks are still in their infancy, others are stable like Cameco. In these cases, these stocks are most recommended to buy-and-hold investors. But, make sure you do your due diligence before choosing an asset to check if it aligns with your risk and return goals.

Trade Nuclear Energy Stocks

If you want to trade nuclear energy stocks, it means that you frequently buy and sell these assets. Your main purpose is to earn more return, but this also comes at a higher risk if your predictions or forecasts do not materialize.

In general, traders may be able to generate returns in several ways. For instance, if you think Uranium Energy is likely to start production within a few weeks, your purpose may be to buy its shares now and sell them after a few weeks at a higher price. The opposite may also happen – for instance, if you think that it will fail to deliver on its promises, you may want to short-sell the stock. Typically, the easiest way is to sign up with a CFD provider like AvaTrade and speculate on stock price movements in either direction (up or down).

How to Choose the Best Nuclear Energy Stocks for My Portfolio?

When it comes to choosing the best nuclear energy stocks for your portfolio, there is more than one right answer. Below, you will find some of the main ways to identify if the stock is the right fit for your strategy.

Price-to-Earnings Ratio

Investors often use the price-to-earnings ratio to identify if the stock is a good buy (undervalued) or not (overvalued). For instance, a low ratio means that you pay less of each dollar in earnings generated by the company. The P/E ratio of a company is usually compared with the ratios of companies in the same industry to find if a business is overvalued or undervalued compared to its peers.

Company Growth

Looking at the company’s growth potential or profitability is another way to find the right stocks. For instance, public companies make quarterly announcements regarding their financial performance. Among other data, many investors look at the EPS (earnings per share) to assess profitability. The higher the earnings per share, the more profitable the business is. Also, when the company announces higher EPS than the market or analysts predicted, its share price typically increases as investors see it as a good sign.

12-Month Return

Finally, you may also want to check the 12-month return. The stocks we analyzed above are some with the most momentum in the nuclear energy industry. However, keep in mind that past performance is not a guarantee that the company will continue on the same path; there any many factors that can impact the stock price.

Benefits of Nuclear Energy Stocks

Nuclear energy stocks come with lots of benefits for investors and traders alike. The most important ones are discussed below.

Nuclear Energy Industry Is Coming Back to Life

In the aftermath of the Chernobyl and Fukushima disasters, it is not surprising that nuclear energy lost investors’ interest for some time. However, in 2021, almost every nuclear energy stock listed in the United States doubled its price. Also, many countries are reconsidering this type of energy to help them meet sustainability goals.

New Uranium Funds

Another great thing that is very likely to fuel the bullish scenario is the launch of the first physical uranium fund, known as Sprott Physical Uranium Trust. This will undoubtedly create demand for additional uranium funds that will drive uranium prices up in the market, thus lifting up nuclear energy stock prices.

Drawbacks of Nuclear Energy Stocks

However, as we briefly mentioned the nuclear energy disasters above, many investors may not want to support radioactive elements like uranium.

Safety Concerns

The Fukushima disaster in 2011 nearly erased the nuclear energy plans off the map and rightly so. The potential hazard of using radioactive elements like uranium cannot be ignored by many investors. However, it’s worth noting that the design of plants is constantly improving with the aim of minimizing accidents or even avoiding them altogether.

Capital Intensive

The nuclear energy industry is extremely capital intensive. For instance, building a nuclear plant, getting rid of nuclear waste, and other related activities are extremely expensive. Thus, the industry has strong barriers to entry. At the same time, renewable technologies are becoming more and more affordable, including wind and solar power.

Where to Buy Nuclear Energy Stocks – Full Broker Reviews

Now that you are more familiar with nuclear energy stocks, you need to find the best online broker to buy these assets. These are our top choices for this year.

1. eToro – Overall Best Place to Buy Nuclear Energy Stocks

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With zero-commissions stocks buying, eToro is the best place where you can invest in utility companies. It is one of the most popular brokers on the market with an experience of a decade and a half. It is fully regulated in several jurisdictions, providing a safe investing environment, and is fully equipped to satisfy your trading or investing needs regardless of your experience.

Perhaps the best feature is what is known as social and copy trading. In other words, once you sign up with eToro, you will become a part of one of the largest investing communities in the world, along with the existing 23 million users. You will be able to read others’ opinions on different stocks, engage with other investors, or find master traders and copy their winning portfolios. 

Pros

  • Browse more than 120 utility stocks 
  • Browser-based trading platform
  • Ideal for long-term investors and traders
  • Provides both real stocks and contracts-for-difference (CFDs)
  • You can download the mobile app and trade on the go
  • The minimum investment per stock is only $10

Cons

  • The list of available utility stocks could be broader

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. AvaTrade – Trade Nuclear Energy Stocks at 0% Commission

AvaTrade is one of the few CFD brokers available on the market that will satisfy your needs regardless of what your objectives are. Some of its main trading platforms include: 

  • Web-based proprietary trading platform with an intuitive, beginner-friendly interface;
  • MetaTrader for experienced traders (both 4 and 5);
  • AvaSocial for social trading;
  • AvaOptions for options trading;
  • AvaTradeGo for mobile phones. 

Apart from this broad choice of trading platforms, AvaTrade comes with zero commissions and zero fees when you deposit or withdraw your capital. Although this wide choice may seem confusing for beginners, you will find that the educational section is clear and helpful. You can also join the demo platform, so you can check out all features without risking real money. 

Pros

  • Regulated by top authorities in the world
  • Zero-commission trading 
  • Allows automated trading and social trading
  • Exclusive educational materials, including videos, webinars,  and even e-books

Cons

  • AvaTrade is not suitable for buy-and-hold investors due to steep inactivity fees and lack of real stocks (only CFDs)

71% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Nuclear Energy Stocks – Detailed & Explained in Full

In the following sections, we will walk you through opening a real trading account with our top trading platform for nuclear energy stocks, eToro.  

Step 1: Open a Broker Account

On eToro’s homepage, click on the button to open a new account. This will send you to an electronic form that requires your personal data – name, email address, username, and password. For a quicker process, you can also sign up using your existing Facebook or Gmail account.

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67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

Before depositing funds, you need to verify your account by providing proof of address (like a utility bill from the past three months) and your identity document. This is because eToro is a regulated broker that needs to comply with KYC (Know Your Customer) policies. Then, you will be asked to fill in a quick questionnaire regarding your investing experience and, once done, you can deposit your funds via one of the many payment methods available.

Deposit Funds

Step 3: Search for Nuclear Energy Stocks

Once your new trading account has a positive balance, you can start looking for nuclear energy stocks. Alternatively, you can go to the “Discover” tab, choose stocks, and browse the entire list that contains hundreds of companies.

Step 4: Buy Nuclear Energy Stocks

When you are ready, simply choose the nuclear energy stock and click on “Trade”. You need only $10 to buy stocks, so you can create a diversified portfolio regardless of your budget.

How to Buy Nuclear Energy Stocks – Conclusion

Nuclear energy stocks are on the rise. The bullish case has started in early 2021, but it is likely to remain for a longer period – or at least as long as the energy crisis lasts, exacerbating the need for alternative energy sources in a world dominated by global warming and sustainability. 

If you think that nuclear energy stocks are for you, you can now sign up with one of our recommended brokers, eToro or AvaTrade, and start your investing or trading journey with zero commissions!

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

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About Ana Frincu PRO INVESTOR

Ana Frincu is a freelance content writer specialised in finance and economics. She has a BA in International Business Management and a MA in International Taxation and Finance. With a keen interest in fintech and personal experience as an investor, she covers a broad range of topics, including trading, alternative data, cryptocurrency, and macroeconomics.