Stockchase Opinions

Jon Nagerian, Co-founder, MarketRebellion.comCameco Corp. (US)CCJBUYMar 21, 2022

A uranium play. This is blowing up to the upside. It was below 20 in February, now pushing 30 and will keep going. The market is buying 25,000 April 35 calls.
$29.40

Stock price when the opinion was issued

$114.02

As of Jun 04, 2026. Market Open.

integrated mines
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BUY

Is hitting 52-week highs. Trump wants more nuclear, and there has already been an upward trend in favour of nuclear for a few years that should continue.

WEAK BUY

It's the best in the sector, but he doesn't see growth in this business either. It takes a while to build a nuclear plant.

BUY

The best uranium play, and investors now want to invest in uranium.

DON'T BUY

Too speculative though he missed the 21% rally over the past 3 months. Already uranium stocks a headwind in that it's almost impossible to build a nuclear reactor, though some will disagree.

BUY
options It's hitting 52-week highs. Today saw a buyer of 4,000 of the September 32 calls, bought at $4.60, and hedged that by selling the 40 calls against it.
TOP PICK
World's largest freestanding uranium play. The alternative energy that has been most proven out is nuclear.