1 Top Canadian ESG Stock to Buy Right Now

1 Top Canadian ESG Stock to Buy Right Now

Commodities stocks generally aren’t what most investors consider to be growth plays in the long term. However, investors seeking out companies focused on commodities with a tilt toward growth may be interested in a top Canadian ESG stock that’s growing in prevalence.

I’m specifically talking about Cameco (TSX:CCO) (NYSE:CCJ) . This uranium miner has been out of favour among some investors for some time. Indeed, terrible incidents, such as the accident at the Japanese Fukushima Daiichi nuclear power plant, have taken a toll on investor enthusiasm. Moreover, there has been a long-standing period of low commodity prices for uranium.

However, the world is witnessing a massive recovery both in uranium demand and prices. Climate change has shifted global attention to clean and green energy. Thus, renewable energy is once again at the centre of discussion. Nuclear energy is one of the greenest sources of energy available today.

With an increased focus on […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet