Cameco (CCJ), Denison Mines (DNN), Crosshair (AMEX:CXZ), Uranium Energy (UEC) Punished on Nuclear Uncertainty

From an investing standpoint, the drop in share prices of nuclear-exposed stocks like Cameco (CCJ), Denison Mines (AMEX:DNN), Crosshair Expl & Mining (AMEX:CXZ) and Uranium Energy (AMEX:UEC) must be considered a buying opportunity, as the fundamentals in the industry won't be changing at all, even with the usual political performance of "looking into" the industry.

The idea of solar and wind turbines as legitimate energy sources are laughable, and the endless support of so-called clean energy is represented by nuclear itself, which brings the list of alternatives down to a very few possibilities.

That also doesn't include the fact that there isn't enough energy to face the near future, and nuclear will have to be built and expanded to meet it.

So in spite of the inevitable calls for slowing down the industry, etc., after some looks into improving the sector, we'll return the ongoing nuclear expansion, as the newer reactors are even safer than the old ones, and they are the best answer over the next several decades while other alternatives are being explored.

For those with a little patience, most of those in the sector which are healthy companies will rebound back, and investment now will pay off in a relatively short time, once the situation in Japan is understood better and the news is digested.

Cameco closed Monday at $32.62, down $4.76, or 12.73 percent. Denison closed at $2.55, down $0.74, or 22.49. Crosshair closed the day at $1.27, falling $0.40, or 23.95 percent. Uranium Energy closed at $3.92, falling $0.93, or 19.18 percent.