Cameco (NYSE:CCJ): This Uranium Stock Radiates Value

The nuclear energy revolution is here. Are you ready to join the movement? Cameco ( NYSE: CCJ ) is an extraordinary business operating in an industry with solid growth potential. I am bullish on Cameco stock because of the company’s high-conviction mining projects and dividend payments (albeit small) and because CCJ shares are trading at an attractive price now – from a technical perspective.

Cameco is a Canada-based uranium miner. As we’ll discover, CCJ stock has favorable analyst ratings and price targets. Furthermore, Cameco’s position as a leader in the nuclear fuel market is assured because the company controls vast uranium reserves.

Plus, Cameco just marked a production milestone at one of the company’s main uranium assets. First things first, though: To be bullish on CCJ stock, you’ll need to envision the upside in the uranium market So, let’s start with that. The Uranium Supply/Demand Imbalance

Here’s an alarming statistic. […]

Click here to view original web page at markets.businessinsider.com

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.