Cameco Corporation (CCO.TO)

Their 20x operating cash flow is scary, but they dominate this space. Demand remains huge for nuclear reactors. This is the top play in this sector, so the valuation is high.

Largely a reflection on uranium sentiment. If you're bullish on uranium, this is one of the most liquid ways to express that view. Despite spot prices coming in weaker, inevitable that nuclear will have a critical role to play in AI long term. Rallied, but could be volatile.

We like the uranium sector, and CCO is the largest Canadian public company in the space. It is not perfect, but with production and export limits elsewhere, its production starts looking good, being in safe jurisdictions. The sector supply demand outlook should be favourable for the company. 2) Yes. The company and sector is not only cyclical, but it can be a big momentum trader.  We would keep an eye on position size and reduce when the sector gets 'hot'. 
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Commodity-based stock. She's positive on demand for nuclear, but invests indirectly; think BEP.UN and TRP. Globally, 60 nuclear plants are in construction, 100 in planning stages. Long-term tailwinds. But short term, she can't predict the commodity price.

He likes the sector longer term. In the near term, basic materials have pulled back on weaker economic data. He came out of this name when it broke the 200-day MA, technical breakdown. Would love to see the stock get repaired, needs to see bottoming in price action. Future is bright, great company.

He has a 3 to 6 month horizon. There is need for power grid supplementation and uranium is a good place to be. The long term chart is all over the map. He bought it two years ago and is holding.

Bullish on uranium. Nuclear renaissance, contributing to increasing demand. His choice in the space, as it's bigger and is actually producing.

CCO operates as a uranium provider for the generation of electricity that is in the process of integrating a large acquisition. CCO operates in a cyclical industry, and has limited capital returns, and the recent acquisition also pushed the leverage level to a high level. We are okay with taking the loss in CCO to move funds to HPS.A, as we think HPS.A could have more potential to achieve solid growth going forward while still trading at a fair valuation. 
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Robust outlook for nuclear. Valuation's a bit high, and for that reason it's a hold. Don't add at this point or start a position. Wants to see better earnings growth and a more reasonable valuation. Likes the business, but not the price yet.

Outlook mixed. 5-year uranium book did creep higher. 2024 guidance unchanged. Can buy on pullback today. He models 44% EPS growth for 2024-2026. Stock was pricey, today is a reset. First, check whether it's moving close to its 200-day MA.

Broke out in 2023. Despite pullback, he's still in because the bigger trend that began in 2022 is definitely still in place. As long as it's not breaking the series of higher highs and higher lows, he really likes the uranium space. An opportunistic buy as it pulls back.

Go to his blog and search "uranium" for lots of research. Good long-term story, the future for power.

You have to really believe in uranium. Two pieces, with Westinghouse and mining. Cheap, on 2028 spot uranium prices, but you have to believe that those prices are on an upward march. He's constructive on nuclear as a whole, and CCO is the only way to express that view.

He doesn't own it because of valuation, better opportunities out there. If you like uranium, you really don't have any other choice.

Large share run up lately with a recent dip a good time to buy. Owns shares in portfolio. One of the World's largest Uranium reserve deposits. Benefiting from higher Uranium prices - expecting ~30% earnings growth. Rising Nuclear demand in North America will be good for the business. Recent M&A is proving to be fruitful as well. 

Uranium production very sensitive to Russian instability. As a result, high prices have been good for business. Would recommend holding for the long term. Stock full valued at this time. Would buy around $60/share. 

The question asked for his preference between Cameco and Denison. Uranium is up and momentum is with them but he wouldn't buy them. New nuclear projects are ten years away for development. Denison has a new mine in Saskatchewan but it is a 10 year project. Cameco trades at 30 times revenue.