USEC, Inc. (NYSE:USU)
CAPS Rating:
A global energy company that supplies low enriched uranium for commercial nuclear power plants.
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A global energy company that supplies low enriched uranium for commercial nuclear power plants.
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Recs
Speculative pick on Nuke energy and that the DOE loan guarantee will fall into place soon and allow USEC to complete the American Centrifuge Project. Stock price is near historic lows pending the DOE decision.
"The American Centrifuge Plant’s capacity will be equal to about one-third of the fuel requirements for the commercial power reactors in the United States".