Cameco’s Uranium Glow: A Bright Future in Nuclear Energy?

Nuclear power has become one of the top ways countries around the world are transitioning to clean power. While it isn’t likely to be the only source of power, uranium is likely to be a main source that will continue to see massive growth in the next decade or so.

One of the top choices investors have therefore been eyeing is Cameco ( TSX:CCO ). Cameco stock is one of the world’s largest uranium providers, with shares climbing higher over the last decade. That being said, there has been more near-term volatility lately. So, does that mean now is a good time for investors to jump in on the stock? Cameco stock: Room to run?

Cameco stock has seen incredible growth in the last year, with shares up 42% as of writing. That being said, it hasn’t been a smooth ride. Shares have climbed and fallen several times in the […]

About the author: StockMan

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