For investors seeking momentum, VanEck Uranium and Nuclear ETF (NLR) is probably on the radar. The fund just hit a 52-week high and has moved up 91.13% from its 52-week low price of $64.26 per share.But are there more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed.NLR in FocusThe underlying MVIS Global Uranium & Nuclear Energy Index tracks the overall performance of companies involved in uranium mining or ura ...

Electricity needs are increasing globally and triggering investors’ and industries’ interest in nuclear energy. The issue was in focus last week as top uranium and nuclear energy executives, experts, and investors met at the World Nuclear Association (WNA) symposium in London, as quoted on CNBC.The United States is the world's top producer of nuclear power, making up about 30% of worldwide generation of nuclear electricity, as quoted on World Nuclear Association. However, the nuclear sector faces significan ...