SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: El Canadiense who wrote (24741)11/8/2006 9:02:57 AM
From: Tommaso   of 37387
 
The long term prospects of Areva look good to me, and it is 20% below its high for the past year. A climb back to that height would, of course, be a 25% gain. Since it is priced in euros, I also see it as a hedge against possible dollar decline.

Mainly, however, I am buying it because it appears to me to be the clear world leader in everything nuclear, and I see no better way to produce electricity in the future. And the world we live in cannot work without electricity.

The big risk for an investor is a nuclear accident in a French reactor. I don't know enough about the technology to say confidently that it can't happen.

I have less than 10% of my IRA in Areva, and my IRA is about 30% of my investments, so that makes about 3% in Areva for me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext