5 Best Nuclear ETFs to Buy Now

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1. Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Expense Ratio: 0.08%

Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) is an exchange-traded fund that invests in growth and value stocks of utility companies of varying market capitalizations. The fund mirrors the performance of the MSCI USA IMI Utilities 25/50 Index and employs a representative sampling technique. Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) has a top 10 holdings concentration of 54.30% and an expense ratio of 0.08%.

The Southern Company (NYSE:SO) is one of Fidelity MSCI Utilities Index ETF’s (NYSEARCA:FUTY) top holdings and covers 6.77% of its portfolio. The Southern Company (NYSE:SO) is among the largest utility companies in the United States and generates a major chunk of its energy supply from nuclear power. The company operates 6 nuclear reactors spread across three locations.

As of September 5, The Southern Company (NYSE:SO) has gained 17.65% year to date. On August 4, UBS analyst Ross Fowler upgraded The Southern Company (NYSE:SO) to Buy from Neutral and raised his price target to $87 from $76.

As of June 30, Renaissance Technologies owns more than 1.9 million shares of The Southern Company (NYSE:SO) and is the most prominent shareholder in the company.

You can also take a look at 14 Best Growth Stocks To Buy Now and 12 Best Blue Chip Stocks To Buy Today.

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