In a stunning move, financial institution D.A. Davidson & CO. has significantly increased its position in shares of Cameco Co., boosting its holdings by an impressive 8.6% during the first quarter of the year. According to the company’s latest 13F filing with the Securities and Exchange Commission, D.A. Davidson & CO. now owns a staggering 56,186 shares of Cameco’s stock, equivalent to a value of $1,470,000.
Cameco Co., a prominent player in the basic materials sector, is known for its prowess in harnessing uranium resources to generate nuclear power. This recent development highlights D.A. Davidson & CO.’s solid confidence in Cameco’s potential for growth and success in the market.
For investors curious about how other hedge funds are approaching these investments, HoldingsChannel.com offers valuable insight through its comprehensive coverage of 13F filings and insider trading activities pertaining to Cameco Co. (NYSE:CCJ) (TSE:CCO), providing a complete picture of the stock’s current landscape.
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