Cameco Corporation: Buy, Sell, or Hold?

From Nasdaq: 2025-02-16 07:30:00

After the Fukushima disaster, many countries reduced nuclear power reliance, but now interest in nuclear energy is surging again due to net-zero emissions goals. Cameco (NYSE: CCJ) could benefit from this trend as one of the largest uranium producers. With AI driving data center demand for alternative energy, nuclear power is regaining favor globally. Cameco operates mines in Canada and holds stakes in key ventures. While there are cyclical risks, recent earnings disappointments and high valuations may make investors cautious. However, long-term projections suggest rising demand for nuclear energy, making Cameco a potential hold for the future.



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