Nuclear, Solar Stocks: Einstein's Hedge Forms A Bottom
By Modernist:In my November article Einstein's Hedge, I explored a long-term strategy of balancing centralized nuclear with decentralized solar to take advantage of the market's pessimism toward both industries. I disclosed a long position in First Solar (FSLR), Global X Uranium ETF (URA), and Lightbridge Corp (LTBR). URA and LTBR are in the nuclear space. Although First Solar has since continued to brand itself in the short term as a more centralized provider of energy, I still like Einstein's Hedge as an opportunity for investors who expect the world's decision makers to eventually take carbon emmisions seriously.Here is how Einstein's Hedge has performed since inception (click to enlarge images):Nuclear stocks have rallied as the expectation, and delivery, of iconic regulatory approvals confirmed the likelihood of a reinstated global "nuclear renaissance".Meanwhile, solar has quietly consolidated. Solar tech companies are not like most industries. The success of one company doesComplete Story »
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