Is Cameco Corporation (CCJ) Attractively Priced Now?

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here . In the third quarter, the fund returned -6.16% (net) compared to a -4.78% return for the Russell 2500 Index. Furthermore, the fund underperformed its secondary benchmark, the Russell 2500 Value Index, which returned -3.66% during the same period. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

Meridian Contrarian Fund highlighted stocks like Cameco Corporation (NYSE: CCJ ) in the third quarter 2023 investor letter. Headquartered in Saskatoon, Canada, Cameco Corporation (NYSE:CCJ) is a uranium producer that operates through Uranium and Fuel Services segments. On November 29, 2023, Cameco Corporation (NYSE:CCJ) stock closed at $44.19 per share. One-month return of Cameco Corporation (NYSE:CCJ) was 7.65%, and its shares gained 81.26% of their value over […]

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