Cameco is a strong player in nuclear power with revenue and EBITDA growth in 2024.
From Nasdaq.: 2025-03-30 03:20:00
Cameco (NYSE: CCJ) is a key player in the nuclear power industry as a major provider of uranium fuel. The company had a strong year in 2024 with revenue up 21% and adjusted EBITDA up 73%. Cameco’s strategic partnership with Net Zero Nuclear aims to support tripling global nuclear capacity by 2050. Additionally, its investment in Westinghouse positions it well in the industry. The company has proven resilient to uranium price fluctuations, and the Westinghouse investment could provide stability and access to customers in the long term.
Looking for investment opportunities? Our analysts recommend three “Double Down” stocks that have shown significant returns in the past. These companies include Nvidia, Apple, and Netflix, with impressive gains for investors who got in early. Don’t miss out on this chance to invest in potentially high-growth stocks before it’s too late.
Read more at Nasdaq.: Is Cameco a Stock to Buy and Hold Forever? Here’s Why It Could Be.