BUY
Cameco Corporation
It's going to do well because uranium is going to do well. Interesting, because recent Westinghouse acquisition will smooth some of the volatility of uranium, gives them more of a consulting business.
integrated mines
COMMENT
Cameco Corporation
Likes company and owns shares in company. Believes company will have strong growth going forward. Uranium mine in Saskatchewan set to be put back online (will double production). Global demand for Uranium rising. Recent announcement to buy Western House nuclear reactor very positive. Global ESG investors also buying shares.
integrated mines
BUY
Cameco Corporation
Likes company and owns shares in company. Believes company will have strong growth going forward. Uranium mine in Saskatchewan set to be put back online (will double production). Global demand for Uranium rising. Recent announcement to buy Western House nuclear reactor very positive. Global ESG investors also buying shares.
integrated mines
BUY on WEAKNESS
Cameco Corporation
Now in the markup phase, so if we're seeing signs of a bigger commodity cycle taking hold, then we're likely in the early stages and could have more upside. November and December historically strong seasonally for CCO. You can use softness over the coming months to add exposure.
integrated mines
BUY
Cameco Corporation
Should be doing better than it is. Uranium should be doing extraordinarily well. Best way to generate reliable power that isn't going to run out anytime soon. Nuclear is the intelligent, reasonable option. Wind and solar are just not reliable. Nuclear has become safer. Should do well medium-long term.
integrated mines
BUY
Cameco Corporation
Their order book continues to grow. Demand for nuclear power is growing. However, their Q3 was mixed and CCO is trading at a high 45x 2024. AlIt had a huge move in a tough market. He models 104% EPS growth. A good share price now.
integrated mines
TRADE
Cameco Corporation
Owns some based on both aggressive and conservative models. Is in an uptrend but swings a lot. He trades in and out and may add to it. Look at the 5 and 10 year charts.
integrated mines
BUY on WEAKNESS
Cameco Corporation
Dominant player, very well run, phenomenal assets. Good one if you want exposure to the space. Negative reaction to Westinghouse deal, but it gives them another pillar and a stable service side to their business, an operational benefit. Always worried about secondary supply of uranium that keeps a lid on prices. A green energy option. Wait for pullback, prices are very volatile.
integrated mines
PARTIAL BUY
Cameco Corporation
He bought it earlier this year, because of the transition from fossil fuels to nuclear and green energy will only continue. Can be volatile, so don't buy a ton of shares, but hold this for 5-10 years.
integrated mines
BUY
Cameco Corporation
Environmental concerns stalled uranium, but now issues in Europe are rekindling interest. Solar and wind won't meet all our requirements. Diversifying business by doing nuclear consulting, a great move. Should do well. Issue is it trades like a commodity.
integrated mines
TOP PICK
Cameco Corporation
Not a high quality investment stock, only because intrinsic value lags stock price. Expansion of nuclear as a replacement for fossil fuels, virtually worldwide, is huge. Uranium is astonishingly efficient. Addition of Westinghouse is a nice adjunct. Yield is 0.37%. (Analysts’ price target is $43.76)
integrated mines
DON'T BUY
Cameco Corporation
Tough to buy here at $31.66, when 2 years ago it was $12. He sees all the arguments for uranium and nuclear power, but he's not a believer. Model price is $25.02, downside of -21%. Needs earnings to motivate the stock. If there's a pullback, he'd sharpen his pencils for a possible long-volatility strategy.
integrated mines
WATCH
Cameco Corporation
She's watching the uranium sector, because it could be part of this trend to renewable energy. Cameco announced it will buy Westinghouse, and did an equity issue to do this at a 15% discount to the market. That's why shares fell last week. They are few investments for uranium, so she's watching this.
integrated mines
BUY on WEAKNESS
Cameco Corporation
Highest class Uranium producer in the world. Trading at high multiple. Delays in approvals for projects. Nuclear power plants low priority for politicians. Nuclear power clear path forward for energy supply.
integrated mines
TOP PICK
Cameco Corporation
Transitioning to clean energy is needed but won't happen overnight. So, there will be stronger demand for nuclear power and uranium. (Analysts’ price target is $44.95)
integrated mines
Showing 1 to 15 of 977 entries

Cameco Corporation(CCO-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 24

Stockchase rating for Cameco Corporation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cameco Corporation(CCO-T) Frequently Asked Questions

What is Cameco Corporation stock symbol?

Cameco Corporation is a Canadian stock, trading under the symbol CCO-T on the Toronto Stock Exchange (CCO-CT). It is usually referred to as TSX:CCO or CCO-T

Is Cameco Corporation a buy or a sell?

In the last year, 24 stock analysts published opinions about CCO-T. 20 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cameco Corporation.

Is Cameco Corporation a good investment or a top pick?

Cameco Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Cameco Corporation.

Why is Cameco Corporation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cameco Corporation worth watching?

24 stock analysts on Stockchase covered Cameco Corporation In the last year. It is a trending stock that is worth watching.

What is Cameco Corporation stock price?

On 2023-01-27, Cameco Corporation (CCO-T) stock closed at a price of $36.79.