HOW TO PLAY IT

Basic microreactors are the future of nuclear power generation. The best way to play this trend is Cameco, the Saskatchewanbased uranium producer that holds some of the world’s largest deposits. Nuclear power is impossible without uranium U-235, the fissionable material used in all current nuclear facilities. Momentum is building in the West to expand the life of existing nuclear plants, and numerous companies and countries are pursuing the development of small modular reactors and advanced reactors, according to the International Atomic Energy Agency. This interest will ultimately increase demand for uranium. Cameco could trade to $34.50 within 12 months, a gain of 28% from the current price of $27.

Jon Markman is president of Markman Capital Insight and editor of Fast Forward Investing.