Email of the day
"With the earthquake and tsunami catastrophe in Japan it is very likely that safety around nuclear energy will increase. I have unsuccessfully been trying to think of any stock which could benefit. Does Fullermoney have any suggestions? Thank you.
Eoin Treacy's view Thank you for this interesting question 
 and we would welcome subscribers' thoughts on the subject. I'm not sure that 
 there are any clear winners in the nuclear sector following this accident but 
 here are some initial thoughts. 
 
 Areva is focused on just about every portion 
 of the uranium fuel cycle from mining to reprocessing and also focuses on safety 
 protocols. However, this latter aspect does not appear to be reflected in the 
 share price. 
 
 Jokwang Ili Co, listed in Korea produces 
 automatic safety relief valves for nuclear reactors but the share appears to 
 be highly cyclical and thinly traded. 
 
 Tacmina Corp, listed in Japan, produces 
 a range of pumps, some of which are used in nuclear reactors. The share has 
 rebounded well from last week's decline and has pushed back up into the overhead 
 range. 
 
 UK listed Atkins (WS) is primarily a transport 
 related consultancy but also has operations in the nuclear 
 industry. The share is currently rallying from the lower side of a first 
 step above its base and a sustained move below 650p would be required to question 
 potential for some additional upside. 
 
 US listed Shaw Group is probably the 
 most likely to benefit from increased safety concerns. It will be assisting 
 Toshiba "with 
 mitigation, remediation and recovery services" at the Fukushima nuclear 
 plant. The share fell to retest the lower side its yearlong range following 
 the accident but has bounced and would need to sustain a move below last week's 
 low, near $27.60, to question scope for some additional higher to lateral ranging
 
					
				
		
		 
					