“I love
lists. Always have. When I was 14, I
wrote down every dirty word I knew on file cards and placed them in
alphabetical order. I have a thing about
collections, and a list is a collection with purchase.” ― Adam Savage, cohost of MythBusters and
Unchained Reaction
The Energy
Alternatives lists are no competition for Adam Savage’s dirty word list, but
they still have plenty of ‘purchase.’ The
annual update of Crystal Equity Research’s Energy Alternatives indices has been
completed. Merger, bankruptcies and just
plain old ‘tossing in the towel’ actions took a number of companies out of our
broadly defined sector of energy alternatives.
Undeterred by start-up risks, entrepreneurs and inventors have been busy
bringing new technologies and solutions to the market. The Energy Alternatives indices encompass
over 750 public and private companies, all of which present interesting
investment opportunities for the shrewd investor.
The Atomics Index
The Atomics encompasses groups of companies that extract energy trapped in the mighty
atom. Nuclear reactors, photovoltaic
cells and hydrogen electrolysis are the tools of these companies. Changes in this group have not been numerous.
France’s nuclear
industry leader Areva went through reorganization, renaming its nuclear power
and renewable energy segments Orano.
France’s Atomic Energy Commission still owns a majority of the now
private company. In the U.S., the
uranium fuel supplier for the nuclear power industry, the United States
Enrichment Corporation, is now called Centrus Energy and trades under the
symbol LEU.
Yellow Cake PLC
(YCA: LON) and Uranium Participation
Corporation ( U: TO) were added to the
Nuclear Group. Yellow Cake staged an initial public offering
in mid-2018, to raise capital for its uranium trading activities. It joins Uranium Participation in making a
big bet on price of uranium in the next few years.
Visit the
Crystal Equity Research website to view the updated The Atomics Index. The next post looks at The Mothers of
Invention, a wide ranging collection of companies embroidering some interest
new technologies around renewable energy.
Neither the author of the Small Cap Strategist web
log, Crystal Equity Research nor its affiliates have a beneficial interest in
the companies mentioned herein.
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