Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Recs

2

USEC Shares Plunged: What You Need to Know

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of USEC (NYSE: USU  ) fell 10% today after the tsunami and earthquakes in Japan affected two reactors there.

So what: Three reactors in Japan are experiencing problems, and with recent explosions and the possibility of more issues, it isn't surprising to see nuclear stocks down today. USEC CEO John Welch released a statement today that said in part "USEC stands ready to assist."

Now what: If we take a step back from the human impact of these nuclear plants and put our investor hats on again, I just don't see this dip as a buying opportunity. Operations at USEC may not be dramatically affected, but a cloud will hang over any stock with ties to the nuclear industry for the foreseeable future. I'm selling today's move and will wait for calmer days in Japan before looking for discounts in nuclear stocks.

Interested in more info on USEC? Add it to your watchlist.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1457878, ~/Articles/ArticleHandler.aspx, 7/7/2015 10:24:48 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Travis Hoium
TMFFlushDraw

Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things.

Today's Market

updated 1 hour ago Sponsored by:
DOW 17,776.91 93.33 0.53%
S&P 500 2,081.34 12.58 0.61%
NASD 4,997.46 5.52 0.11%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

7/7/2015 3:59 PM
LEU $4.03 Up +0.09 +2.28%
Centrus Energy Cor… CAPS Rating: *

Advertisement