One of the most often repeated myths about nuclear power is that no one wants to invest in it. There was a time when that seemed to be true, but that time is long gone.
If you review the performance of utility companies during the past three years, the more nuclear exposure that the utility has, the better its stock price has performed and the better its earnings statements have looked.
Here is a link to an article (which may not continue to work for too long) about the search that is beginning in the high return investor community for companies with significant exposure to the coming nuclear boom.
Even Warren Buffet, a man who is well recognized as one of the most successful investors of all time, is taking a close look at making investments in nuclear power production and operation. (At the following link, look for the “Utilities” section.)
There are plenty of very smart people that believe that nuclear power has a rosy future as a technology and as a profitable investment. This view may not be universal, but what investment opinion is? That is the beauty of markets, it lets people vote with their wallets and records the results of those votes every day.
It is clear that it is time to put away the myth that “no one wants to invest in nuclear power.” I am quite sure, however, that there will be people that continue to repeat the comment long after the rest of us are laughing our way to the bank.
