Obama is going nuclear, which is why the Prodigy is picking two solid nuclear ETFs, hello to iShares S&P Global Nuclear Index Fd ETF (NASDAQ:NUCL) and Market Vectors Nuclear Energy (ETF) (NYSE:NLR).

President Obama and his administration will provide more than $8 billion in loan guarantees to help build a nuclear power plant in Georgia.

"We're going to have to build a new generation of safe, clean nuclear power plants in America," Obama said. "This is only the beginning. My budget proposes tripling the loan guarantees we provide to help finance safe, clean nuclear facilities."

The budget would add $36 billion to an existing $18.5 billion in available loan guarantees, for a total of $54.5 billion. Federal regulators are reviewing applications for 22 plants to be built in the next two decades.

Your weapons of choice are the following:

iShares S&P Global Nuclear Index Fd ETF (Public, NASDAQ:NUCL)
iShares S&P Global Nuclear Energy Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the S&P Global Nuclear Energy Index (the Index). The Index consists of approximately 24 of the largest publicly traded companies in nuclear energy-related businesses that meet investability requirements.

Market Vectors Nuclear Energy (ETF) (Public, NYSE:NLR)
Market Vectors Nuclear Energy ETF (the Fund) seeks to replicate the price and yield performance of the DAXglobal Nuclear Energy Index (DXNE or the Index) by investing in a portfolio of securities that generally replicates DXNE. DXNE, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies worldwide that are engaged in the nuclear energy industry. Companies eligible for inclusion in Index should be engaged in various aspects of the nuclear energy business with market cap exceeding $150 million; should have worldwide daily average trading volume of at least $1 million over past six months and in each of the past two months, and should have maintained monthly trading volume of 250,000 shares over past six months.

SOURCE: http://thestockmasters.com/obama-nuclear-stocks-02162010