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Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

TSX:CCO - Post Discussion

Cameco Ord Shs > Another View
View:
Post by retiredcf on Jun 12, 2023 12:57pm

Another View

What do you think the outlook is for CCO over the next 12 months? Buy sell or hold?

CCO is going to move with the uranium sector, but we think the sector outlook is decent as nuclear energy comes back in favour. The stock is doing well, but remains 'expensive' on earnings. It has $1.5B cash and very strong earnings growth is expected over the next two years. Cash flow is good and the Q1 report was good. We would consider it the safest stock for exposure to the uranium sector. (5iResearch)

Comment by Sasha11 on Jun 15, 2023 1:23pm
Best quality company in the world for uranium.  Small reactor technology will push the sector forward with green energy.  Its a winner in the long term, volitile in the short.
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