Nuclear stocks have been radioactive – nobody wants to go near them.
Does Fukushima ring a bell? There’s your answer.
The tsunami that struck Japan four years ago disabled the Fukushima nuclear plant, causing a massive meltdown. It also caused another kind of meltdown – a massive overreaction about the future of nuclear power.
Germany drafted plans to phase out nuclear power completely over the next decade. Italian voters voted to scrap a key nuclear project. And the International Atomic Energy Agency quickly chopped its estimate of nuclear power generation by 2035 in half, according to The Economist. (more)
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