TSE:CCO

Cameco Corporation (CCO.TO)

143.70
-14.74 (9.30%)
as of Jun 5, 2026, 7:14:15 pm Market Open.
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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.

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Consensus
Cautious
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Valuation
Overvalued
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DON'T BUY
Not a fan. Technical problems are not resolved yet. Doesn't have confidence in the management to get the stuff out of the ground.
BUY
Earnings came out today, strong. Don’t be deceived by the numbers because they were boosted by the sale of their gold interests. Making good progress. He is a long-term believer and it is a core holding.
HOLD
This is clearly your proxy for uranium. Cigar Lake has continually had delays and I'm now looking at 2014 but he is less optimistic. Also in Kazakhstan, which has political risks.
BUY
(Market Call Minute.) China is going to build somewhere between 80 and 100 reactors in the next 15 or 20 years. The world does not have that much uranium.
WAIT
Starting to come up on his radar but not ready to buy yet. Pumping water out of cigar Lake is almost finished. Outlook for uranium is improving.
TOP PICK
China, a laggard environmentally because of coal usage, will be building between 20 and 40 nuclear plants in the next 25 years and doesn't have enough uranium. Cigar Lake is now being successfully de-watered, making it the biggest global producer. A story for the next 2 decades.
TOP PICK
If recovery and move towards clean power continues as well as India and China's move towards nuclear facilities, this one looks interesting. No rush to buy. Looks like Cigar Lake is being fixed. Biggest producer globally.
HOLD
Uranium. This is the “go to” company for institutions. Have wonderful properties. Had some operating problems with Cigar Lake but these can be fixed.
TOP PICK
Has assets supply of many, many years of uranium. Will have a clean balance sheet. On the hunt for acquisitions. Thinks uranium prices are going to go higher. This is a China story and will increase its uranium demands as it builds nuclear reactors.
PAST TOP PICK
(A Top Pick Jan 8/08. Up 28.47%.)
BUY
If you have a good view on uranium, this is the proxy. Has a history of missing numbers and operational problems. Going into a new zone that is riskier in terms of water encroachment. If you want uranium, this should be one you own.
DON'T BUY
Loves uranium as a commodity. Nuclear energy is the future, although it will take a long time to put into effect. Had a number of accidents lately, which seems to be an ongoing theme. If he were to buy anything it would be Uranium Participation (U-T).
BUY
Very bullish on uranium and this is one of the market leaders. Fully integrated in the nuclear cycle from mining to enrichment as well as some exposure to electrical generation. You have to be prepared for operational disappointments.
PAST TOP PICK
(A Top Pick Jan 8/09. Up 29.7%.)
DON'T BUY
Uranium prices are going higher. Supplies are going to be constrained. It will do well, but other names will do better, e.g. U-T.
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