Cameco Q1 Earnings: Bull Case Taking Hold Before Your Eyes

querbeet Investment Thesis

Cameco Corporation (NYSE: CCJ ) is the sort of investment that I recommend for investors that are bullish on uranium but are not actively seeking high volatility in their investment.

After all, Cameco contracts out its uranium volumes, meaning that if uranium prices were to plummet or rapidly rise, Cameco would continue to tick along nicely.

On the back of its Westinghouse Electric acquisition , Cameco is now a fully integrated producer/electrical utility. Rapid Recap In my previous Cameco analysis , as we headed into earnings I discussed the dynamics of supply and demand facing uranium. I stand by what I articulated before and won’t needlessly repeat it now.Instead, I’ll highlight this quote from Cameco’s earnings call that I believe best articulates my overall argument. We understand that to create long-term value and provide supply reliability for our customers. We must build homes for our production under long-term […]

Click here to view original web page at seekingalpha.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.