Sean Brodrick, Editor of Wealth Megatrends and contributing analyst to Weiss Ratings Daily, joins us to review investing opportunities in the energy sector, and what kinds of companies he’s investing in with the oil, nat gas, and uranium stocks.
He is still positioned in the oil stocks, and has been adding more nat gas stocks over the last couple months. That larger companies that pay dividends seem fairly secure with these underlying oil and gas prices, and Sean expects them to have very positive Q2 financial reports. He also still likes some of the growth opportunities in the smaller to mid-tier companies, that are utilizing new technology, and that could also be compelling takeover candidates.
With regards to the uranium stocks, he is disappointed in the action over the recent past. However, Sean now views the uranium mining sector being at a much more attractive accumulation point, now that so many companies have corrected down the last few months. He remains more animated by the companies in production, or that have a near-term pathway to production, and is less interested by the earlier-stage exploration companies, at this point in the cycle.
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