TSE:CCO
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Nervous markets await NvidiaThis summary was created by AI, based on 33 opinions in the last 12 months.
Cameco Corporation (CCO) is facing a mixed outlook among analysts, with most agreeing on the long-term potential of uranium as a clean energy source. Recent reviews indicate that the stock has pulled back significantly after reaching highs in the past months, and while there are positive signals regarding the nuclear sector's recovery, caution is advised regarding current purchases. Analysts note that while uranium prices are expected to rise, investor sentiment remains sensitive to geopolitical factors, such as the Russian situation and its impact on uranium supply. Furthermore, the valuation of CCO is criticized as being high relative to earnings, with many experts suggesting that it is best to wait for a more attractive entry point. Overall, while the long-term prospects for nuclear power look promising, the short-term scenario suggests a need for a careful approach in trading CCO, with various analysts expressing concerns over its current pricing and volatility.
Sometimes a stock just gets ahead of itself, or the market thinks expectations are too high. Pretty mature, and great, business in the space. His team only buys or sells if there's a significant change in the business or valuation.
He focuses on companies earlier in their cycle, such as NXE.
Nuclear renaissance, and then Russian invasion of Ukraine really tightened up supply and turbo-charged the idea. Cigar Lake producing steadily. Mothballed mine reopened. Low-cost, long-life reserves. Joint venture with Kazakhstan facing issues, but that's a small piece of the puzzle.
Deals with data centres continue. Uranium price is firm, but not high enough to stimulate new supply. Westinghouse JV has signed numerous deals, moving CCO price higher recently. Finding its way into green energy portfolios. Still likes.
Uranium and nuclear companies have a long way they can go. Very early stages of big growth cycle for modular nuclear reactors and large-scale reactors. Nuclear infrastructure purchase gives lots of opportunity for growth. Leader in the group, first to break out to new highs. Big move recently, suspects it'll be a multi-bagger over next 5 years.
Nuclear resurgence has been strong, and CCO plays a key role. Saskatchewan assets are very high grade, the best you can get. If you own it, sit tight. If not, watch and wait. Don't chase. So much hype in the space. Executing well, but there's only so much uranium that can be mined and sold.
The whole nuclear energy theme has really jumped back into the spotlight. No matter what happens with tariffs and other things, we know that there will be expanded (perhaps exponential) demand for energy. Some of that will come from natural gas, and some from nuclear.
A new position for him. Good, and getting better. Can't ignore the breakout from a multi-year base. Westinghouse business is getting better.
Extended in the short term, likely to see a pullback to around $74-75. Once that's done, broader reacceleration after that. But downtrend definitely broken, and it's in a new intermediate-term uptrend.
A rising tide floats all boats, and that's where we are now in the market. But remember that August and September are typically the worst months for equities. So you can hold this name till then, but then look to manage some risk.
Uranium stocks had a fantastic run. Not at a 12-month low but, fundamentally speaking, you have utilities that aren't properly covered in terms of their needs. Supply issues. Not many are starting new mines, as they wait for prices to get back to $100/pound. It takes time to start new mines. Buy it now, knowing of the fundamental global energy trend in place. Modular reactors will become reality over the next 10 years.
Spot market is what people look at every single day, and that's where you see the gyrations in uranium prices. Right now, ~$65/pound. Term market is where most of the long-term contracting gets done, such as by utilities; and that one's been fairly steady.
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
In the last year, 35 stock analysts published opinions about CCO-T. 23 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cameco Corporation.
Cameco Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Cameco Corporation.
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.
35 stock analysts on Stockchase covered Cameco Corporation In the last year. It is a trending stock that is worth watching.
On 2025-08-08, Cameco Corporation (CCO-T) stock closed at a price of $105.92.
We need this power. Likes it long term, as the entire space of clean energy from nuclear power makes sense. Valuation extended. Pushed up into a different stratosphere technically. He'd look to buy in the $80s and $90s. Likes the chart's technical structure.