URA: A HALO (Hard Asset Low Obsolescence) ETF

Ricardo Fernandez3.46K FollowersFollow5ShareSavePlay(6min)Comments(3)SummaryI maintain a Buy rating on Global X Uranium ETF, targeting +20% upside potential by year-end 2026.URA outperforms peers by combining uranium mining, nuclear reactor manufacturing, and exposure to both established firms and speculative startups.Consensus data suggests a 19% weighted upside and 1% dividend yield, with projected EPS growth of 44% in 2026.Portfolio risk centers on startups with no earnings, but long-term nuclear demand and electrification trends underpin the investment thesis. Ole_CNX/iStock via Getty Images Introduction In my initial analysis of this ETF two years ago, I cited that the nuclear value chain should continue to grow given the drive for electrification and decarbonization. Today, we can add two other drivers for nuclearThis article was written byRicardo Fernandez3.46K FollowersFollowI have more than 35 years of experience in the investment field, having worked as a sell & buy side analyst and portfolio manager for debt and equity funds. I am currently managing a high-yield Latam bond fund.My goal, as a Seeking Alpha contributor, is to provide a fundamental view and analysis of companies and funds in a streamlined version of institutional research. The operating and financial forecast, whether my own or based on consensus, drives the valuation and ultimate rating. I like numbers (financial statements) and use words to explain their meaning and potential consequences.For the most part, my selection choices reflect what I believe can offer long-term potential, and I frequently take positions in many ideas for my personal account.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CCJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.