Short and Long time Growth. Last month the buyers and sellers had been scanting on news Japanese utilities were looking to sell down stock. It is now looking like that report was off the mark. Buyers are starting to re-connect with the market.
TradeTech reports: there are several utilities expected to enter the term market in the coming weeks.
The recent International Atomic Energy Agency (IAEA) called 2012 the year of return to growth. 437 power reactors were operating, it's two more than in 2011. A number of countries are planning to extend the life of nuclear plants, new reactors are being build and there is a growing interest to build small and medium-sized reactors, which are cheaper to build.
IAEA sees growth of between 23% to 100% in nuclear capacity by 2030.
Make your own conclusions how this growth in U capacity will propel the U stock prices. IMHO it looks like we are 'the early birds' in the best growth segment of the market for the next 17 years.