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A global energy company that supplies low enriched uranium for commercial nuclear power plants.
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shop1 (98.41) Submitted: 4/04/08 1:03 AM : Start Price: $5.60 USU Score: 6.84
USEC has its own niche market. It is the only company that has a uranium enrichment facility in the US. It supplies uranium to the US and abroad. Although nuclear energy isn't a preferred energy source in the US today, it is very prevalent on a global level and it may become an option in the US given the rising energy prices this country is facing.In addition to have a niche market, USEC has a decent balance sheet. It has positive net profits, positive return on equity, investments & assets, and it is trading well below book value. In this day, when it is difficult to find a company with solid balance sheets, USEC IMO is a great investment.
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