Cameco Corporation (CCO.TO) Buy, Sell or Hold

Cameco Corporation (CCO.TO)

110.13

-0.42 (0.38%)

as of Oct 23, 2026, 8:00:01 pm Market Closed.

552 watching

BUY

Q: Being bullish on uranium, do you prefer Cameco (CCO-T) or Denison Mines (DEN-T)? A: The price of uranium will move up steadily. A lot of Cameco's uranium price is hedged. Stock price is also based on their ownership of the Bruce Nuclear plant. As time goes on profitability will rise. (This may already be built into the stock.) Prefers this over Denison.

DON'T BUY

In a fabulous position with a fabulous business. There has been more uranium burned since the mid 80's than there has been produced, the shortfall being filled up by nuclear stockpiles. Uranium is doing extremely well as a commodity and this company is the largest and lowest cost uranium produce. Looks a little expensive on a P/E basis.

BUY

This is the only serious uranium mine in the world. It owns the Saskatchewan/Athabascan basin, by far the richest deposits in the world and will stay that way as far as we can see. Immensely rich. Has diversities with Bruce Power (which is a bit problematic) and some gold.

BUY

Whenever a company goes up that much in such a short time, inevitably there is profit taking. Extremely bullish on uranium and this is the best in that sector. Buy on any pullbacks or corrections.

DON'T BUY

48 X earnings scares him. Regardless of the price/earnings ratio, if you are a huge US institution and you want into uranium, this is the only one to buy. To get some uranium has started buying Uranium Participation (U-T).

BUY

Wait for commodity stocks to reach a bottom, stabilize and start to rise. Thinks this one has stopped going down, so now would be a good time to start looking at it. Long term outlook is excellent.

DON'T BUY

Very levered to the whole energy cycle. Very cyclical. Feels energy prices are going to stabilize in the low to mid $40's for some time and this company has seen its best days behind it.

BUY

Has come back a great deal. A better way to play uranium. Very attractive and will be a lot higher in 1/2 years.

DON'T BUY

Overpriced. Uranium is $20 and will probably go up to $40 and this is where Cameco is priced now, so the stock is ahead of the commodity right now.

DON'T BUY

Had owned a lot of this stock, but has sold their position. His model price is $32. When you look at their earnings and their balance sheet, they are way overpriced. Looking at this valuation going forward, even with the earnings estimates, he still gets $52 as his target price.

WAIT

If oil comes off, uranium might come off in the short term. Would wait for a few months before buying. Longer term, it’s a world class company.

DON'T BUY

Have looked at this one quite closely, but it looks very expensive at current levels. Outlook for uranium is terrific, but they've got fixed price contracts, so they are not realizing the price gain. Uranium is about $21 and they only realize about $13.50.

BUY

A good uranium strategy is to buy Cameco. They not only have uranium in the ground, but they are also the largest converter of uranium. You get a double whammy on the increase in the uranium price. As the demand for uranium goes up, the demand for uranium conversion goes up as well.

BUY

The outlook for uranium appears to be positive. It is in tight supply. Going forward, a lot more power will come from nuclear sources. His problem has been trying to time the uranium market. This is a pretty well positioned company.

DON'T BUY

A commodity sensitive stock that's had a spike. Never buy into a spike. If you own, watch the pivot point of the mid $40's and if it breaks that point, get out.

Showing 931 to 945 of 1,116 entries

Most Recent Experts

Stephanie Link, Chief investment strategist, Hightower

Hightower

Jason Snipe, CIO, Odyssey Capital Advisors

Odyssey Capital Advisors

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Jim Lebenthal

Cerity Partners

Tim Regan

Kingwest & Company

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Cameco Corporation (CCO.TO)