Cameco Stock: Worth the Risk?

Cameco Stock: Worth the Risk?

Cameco (TSX:CCO) (NYSE:CCJ) stock has gone through some insane ups and downs this year. Since the start of the year, shares of Cameco stock are up just 5.3%, which may not seem like much but is far better than how the market is faring. On top of that, shares are up 23% in the last year.

Yet despite this seemingly defensive choice, Cameco stock has a long history of being risky. And that certainly hasn’t disappeared even with shares at current levels. Cameco stock shrunk after the disaster in Fukushima in 2011. It remained down until recently when a new push for clean energy meant nuclear power plants would come back online. And those plants would need companies like Cameco.

The question is whether the situation will remain as it is for Cameco stock, and if so, for how long? Current headwinds

There are a number of headwinds that have caused […]

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