TSE:CCO

Cameco Corporation (CCO.TO)

144.09
-14.35 (9.06%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
546 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 44 opinions in the last 12 months.

Cameco Corporation (CCO) has emerged as a leading player in the uranium sector, buoyed by the resurgence of demand for nuclear energy. Experts highlight the company's strong positioning as a low-cost uranium producer, benefiting from geopolitical factors like supply constraints due to the Ukraine-Russia conflict. Despite its robust growth prospects and increasing involvement in nuclear infrastructure through acquisitions like Westinghouse, there are widespread concerns regarding its high valuation, with many analysts suggesting caution at current price levels. The general sentiment leans towards viewing CCO’s potential as positive for a long-term investment, particularly as the global energy landscape shifts towards cleaner energy sources, yet indicates that a pullback may be prudent for investors. The company's strong fundamentals have been overshadowed by market volatility, leading to mixed opinions about the right time for entry into this stock.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Overvalued
review icon
Similar
NexGen,AEX
TOP PICK
A play on China and India going nuclear. Looking at 15 nuclear power plants in China and 7 or 8 in India. Also UK has to replace their existing 10 nuclear plants in the next 10 years. The 5-year contracts that they sign continue to go up in priced. Just raised their dividend.
PAST TOP PICK
(Top Pick Dec 2/09, Up 18%) The long-term outlook for uranium is so bright. China only generates 2% of power with uranium and wants to hit 15%. Still a good time to buy it.
DON'T BUY
Uranium is very much in favour right now and stock has done well but doesn’t understand valuations. Using today’s uranium price, stocks are trading at net asset value. Compared to a copper stock with $2 copper, they trade at half net asset value. Valuations are overdone.
SELL
There could be some M & A activity in the uranium area. Pretty expensive at this point with large multiples that are priced to perfection. Still have a problem with Cigar Lake.
BUY ON WEAKNESS
Had a good run but is expensive. You are at risk of disappointments at Cigar Lake. Uranium is attractive longer term and the price is primarily driven by China.
TOP PICK
Demand for nuclear energy will rise. Spot price for uranium is starting to move. Likes the long-term outlook. This company has the best resource. Cigar Lake is now under control.
BUY
Hit a bit of a hiccup with Sonora (?) on a land dispute. Looks pretty good.
COMMENT
Likes uranium. Prefers Uranium Participation (U-T).
WAIT
Is a leader, but had all kinds of troubles with Cigar lake. You could own this, but prefers U-T.
WAIT
Uranium is making an upward trend. Good company. Chart is difficult to read right now. A year from now, maybe $35, but not a lot of growth in this stock. Stop loss should be $27.
BUY
Biggest uranium miner in Canada. Demand for uranium is steadily increasing and this company should do well.
WAIT
Fell below the 200-day moving average in 08, moved above it in 09 and right now it is just below it again. Wait for a definite breakout around $27-$28 because there is a chance it could make a double base.
PAST TOP PICK
(Top Pick Dec 2/09, Down 21%) China play. 200 reactors to be built. Agreement between US and Russia to convert weapons into uranium ends in 2013 and there will be a supply shock so uranium prices should double and CCO price will double.
STRONG BUY
Chart is ugly. This was almost a top pick. They made a key deal with China, who is going to build 100 nuclear power plants. CCO had major geological problems in mine but under control now. Feels all of his clients should own it. Doesn’t know when the stock is going to go up.
DON'T BUY
This is a challenging one and he is never sure what to do with his holdings. Probably a stock that will remain challenged. There is a lot of talk about increasing the reactor fleet but that takes a long time.
Showing 586 to 600 of 1,099 entries