Cameco Corporation (CCO-T)

Quality, long-term uranium play. In Saskatchewan, CCO owns all the infrastructure and decides what mines are going to be developed. He's been in and out of the name over the years.

Too expensive.

His firm is doing some research on nuclear power and electricity generators. Hasn't pulled the trigger yet. Likes the idea of data centres driving change in electricity demand. 

He's playing it from the upstream angle with CCO, the biggest publicly owned pure-play uranium company. Still likes it.

Golden crosses and death crosses sound good, but he doesn't use them; they're lagging indicators. Next target close to $100, so 20-25% upside. Has price momentum behind it. Recommending to clients.

He'd probably pick this one as the leader in the group. Uranium stocks have done much better in the last month, waking up. That cohort probably has a tailwind. Commodities markets have been waking up in general, prior to China making a turn. 

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.