Cameco Corporation (CCO.TO)

He's wary of uranium, difficult to determine supply and demand given the politics. Uranium prices have been struggling for years. Pays a small dividend and yield. The stock price won't rise for a long time.

Company he has known for a long time. Played the last uranium cycle very successfully with it. The cycle was aborted by the Fukushima disaster. There are 54 new nuclear reactors being constructed. 10% growth on 450 running. Over 150 being planned. He thinks uranium price will go back from the mid-20s to 45-50 dollars range. Dividend yield is 2.64%.

Uranium stocks are cheap on a price to book basis, he thinks. The issue now is when will new long term contracts come in? When will the Japanese come back? Nor are we hearing of any rumours of new contracts. It is hard to see a positive outlook. He would continue to hold.

They shut down MacArthur River and took off 10% supply from the market which is helping the supply situation but what happens when it comes back on line and then China brings some of their production back on line. He would look elsewhere. They are in a fight with CRA.

The sector has been out of favor. It closed its mine but might reopen it this year.

Part of their commodity exposure. They added when it came off in mid-November. They shut-down some of their mines in the last couple of months. The goal was to clean up the market a little as there has been excess supply for a while. Now demand is starting to pick up. Great company.

The dividend will not likely be cut again. You have to wait until Uranium prices rise and that would be good for this stock but they would not rush to increase the old dividend level. The dividend is almost irrelevant.

Uranium prices have struggled since the Japan earthquake. Another overhang is the CRA issue. Hang onto this. It's had a nice move off the bottom. Cameco is short of uranium this year, so they have to buy uranium this year. Global buyers have bought enough uranium, so we've hit a bottom in uranium prices. He expects a bounce...as well as volatility.

Uraniam prices have struggled since the Japan earthquakes. Another overhang for Cameco is their CRA issue. Hang onto this. It's had a nice move off the bottom. Cameco is short of uranium this year, so they have to buy uranium this year. But buyers have bought enough uranium, so there's an excess on the market. We've hit a bottom in uranium prices, so he expects a bounce...as well as volatility.

When is the uranium price going to turn around? It comes down to global supply-and-demand. Wait for a positive break on the upside on CCO. If you hold it, keep holding it.

He hasn't owned this for five years. The stock has come off a lot. Solid dividend though, but the outlook for uranium is mixed. Prices are low. Demand five years ago was strong with China and India building nuclear power plants, but demand is now modest.

(A Top Pick April 5/17 - Down 21.5%.) It was radioactive for them. Sold it. Uranium prices dragged the price of this one.

Has looked at this so many times in the last decade. The theme is that they are a low-cost producer of uranium. People want to get away from oil and gas, so nuclear power seems to have some long-term future. Every time he sees an analyst report, uranium prices are going to go up in 2 years time, and this has been going on for decades. It never seems to happen. The company is dealing with a CRA issue on the tax side as well, but it would be manageable.

Uranium really is the bloodied factory. You have the environmental approach. It’s not easy, and yet is one of the world's greatest highest-grade producers. They've cut production which has helped a bit, but it doesn't help forever. It’s going to stay alive, but shouldn't be your favourite at the moment.