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Investors advised to steer clear of uranium stocks

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Buy fertilizer stocks, don’t buy uranium and precious metals: RBC  FINANCIAL POST, Peter Koven | October 1, 2014 |It has been a turbulent fall season for mining equities and commodity prices. As investors try to predict what will happen next, analysts at RBC Capital Markets are advising clients to go overweight on fertilizer equities and underweight on uranium and precious metals equities in the fourth quarter…….

The negative call on uranium is no surprise, as investors have been down on this sector ever since Japan’s Fukushima disaster in 2011. The analysts expect weak uranium demand and soft pricing will continue…….http://business.financialpost.com/2014/10/01/buy-fertilizers-dont-buy-uranium-and-precious-metals-rbc/

October 3, 2014 - Posted by | general, Uranium

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