Should You Buy Cameco While It's Below $90?
It's been quite an exciting ride for investors in (NYSE: CCJ), who have seen the stock rise 63% this year and more than 251% over the past three years. As the world once again embraces nuclear energy, Cameco is one uranium company that stands to benefit.
The U.S. government is making an effort to "unleash American energy." It's investing heavily in nuclear infrastructure and streamlining the approval process to meet the country's soaring energy demands.
Cameco's stock has recently pulled back from its 52-week high and is now 24% below that level, trading under $90. With nuclear energy having a revival, is the stock a smart buy at this price? Let's examine the company and its long-term opportunities to find out.
Source Fool.com
Cameco Corp. Aktie
80,30 €
2,70 %
Cameco Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 86 € für Cameco Corp. könnte eine leichte Steigerung gegenüber dem aktuellen Kurs von 80.3 € erreicht werden.
