Why Uranium Should Be On Investors’ Radar

Share This Article
October 9, 2018 6:25am NYSE:URA

From Palisade Research: Michael Alkin has an extensive background in the Hedge Fund world where he would look for inconsistencies with companies and then study them in-depth.


Company management would often say one thing, but the numbers would say something different. His job was to discover what was truly occurring. His career has always been about discovery, understanding expectations and knowing what is going on in both the buy and sell side of the market.

His first assignment in the industry was looking into the not-for-profit education space.  He discovered there was a lot of shady and illegal business practices. Eventually, the government took notice, there was an investigation, and the stock of the company went to zero. This experience drove home the importance of not only listening to Wall Street but investigating in person to get the complete story.

In 2015 he left the Hedge Fund industry for family reasons, and in his spare time, he began looking Into uranium. He quickly realized that the uranium picture was a complex one and appeared underappreciated. He details his entire journey into understanding the market and gives us a fairly in-depth overview of the uranium market.

He studied the entire mining picture including the fuel cycle, reactors, regional demands, enrichment, underfeeding, and secondary market sources of uranium like government holdings. He realized that the economics of future uranium production was mainly ignored due to long-term contracts.  After carefully considering the market he realized it would almost certainly continue to grow.

He explains the reasons for the plentiful uranium supply from Kazakhstan and why it was cheaper and how that is now changing.


The Global X Uranium ETF (URA) was unchanged in premarket trading Tuesday. Year-to-date, URA has declined -10.83%, versus a 8.29% rise in the benchmark S&P 500 index during the same period.

URA currently has an ETF Daily News SMART Grade of C (Neutral), and is ranked #51 of 109 ETFs in the Commodity ETFs category.


This article is brought to you courtesy of Palisade Research.


9 "Must Own" Growth Stocks For 2019

Read Next



Get Free Updates

Join over 50,000 investors who get the latest news from ETFDailyNews.com!

Most Popular



Explore More from ETFDailyNews.com

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again!

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories