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Cramer's Stealthy Uranium Plays
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04.15.07Views:
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On the 4-13-07 Mad Money, Cramer mentioned that Uranium has gone throught the roof."Because of the nuclear power build out, the price of uranium has skyrocketed."
He has two stocks that you can speculate on in the sector. He says that you can extract Uranium from Phosphate. It costs $50.00 per pound to do it (very expensive historically) but with Uranium at $113 per pound then you can look at Mosaic (MOS-NYSE) and CF Industries (CF-NYSE). Jim thinks investors should get into one of these two plays and get in very soon before Wall Street starts to price in the uranium factor. "The best way to profit off high uranium prices at this moment if you can take the heat of speculation comes from two fertilizer companies with a lot of phosphate: Mosaic and CF Industries," Cramer said.
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