Cameco Is the Leading Play on Nuclear Power, And It Pays to Own Cameco is well-positioned to deliver positive cash flow and improve shareholder value as demand for uranium grows. Rising uranium prices are aiding margins.

Cameco nuclear power Cameco (NYSE: CCJ) is the leading player in nuclear power today because it is the leading provider of uranium. The industry would be powerless without uranium and the services that turn the raw ore into usable fuel.

Cameco’s business spans the industry from mining to finished products that fuel light and heavy-water reactors. The critical detail is that this company makes money today, unlike the speculative next-gen reactor stocks, and its 250% two-year share price increase reflects this.

What matters today is that a growing demand for fuel from the established nuclear power production industry supports Cameco’s business. The company has ample reserves, sufficient exploration to offset reserve depletion, and positive cash flow to sustain balance sheet health and capital returns. The business is also supported by diversification into services. The recent acquisition of Westinghouse, an established provider of reactor supplies, equipment, and services, provides a more diversified […]

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