Cameco Corporation

CCO-T

TSE:CCO

13.17
0.35 (2.73%)
Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
More at Wikipedia

Analysis and Opinions about CCO-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
November 13, 2020
A materials company that he is not excited on. Has shorted this. A call on valuation and volatility. Not a lot of return on equity, expensive on EBITA basis, and no compelling reason to hold it. Uranium is a tougher market. Nuclear has not profited from the clean energy movement.
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Cameco Corporation (CCO-T)
November 13, 2020
A materials company that he is not excited on. Has shorted this. A call on valuation and volatility. Not a lot of return on equity, expensive on EBITA basis, and no compelling reason to hold it. Uranium is a tougher market. Nuclear has not profited from the clean energy movement.
PAST TOP PICK
PAST TOP PICK
August 28, 2020
(A Top Pick Jun 14/19, Up 9%) It has recovered from a valley it hit during March. They didn't add it back when it dropped since there were so many other good opportunities.
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(A Top Pick Jun 14/19, Up 9%) It has recovered from a valley it hit during March. They didn't add it back when it dropped since there were so many other good opportunities.
WATCH
WATCH
April 23, 2020

Uranium Sector. Has the bull started running? His proxy is CCO-T. If there is a bullish case for Uranium, the analysts have not heard it. U-T is up 66% so had had quite a move. He hopes the analysts will get the same message he is about the outlook for uranium.

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Uranium Sector. Has the bull started running? His proxy is CCO-T. If there is a bullish case for Uranium, the analysts have not heard it. U-T is up 66% so had had quite a move. He hopes the analysts will get the same message he is about the outlook for uranium.

DON'T BUY
DON'T BUY
March 2, 2020
Trump's decision to support U.S. uranium--effect on Cameco? It won't matter. The U.S. barely has any uranium. CCO is the second-best uranium company in the world. It's stable and transparent. But uranium's outlook given a global slowdown and lack of Japanese demand is cloudy. Also, this is HIGHLY volatile. Good for options traders, which he is not.
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Trump's decision to support U.S. uranium--effect on Cameco? It won't matter. The U.S. barely has any uranium. CCO is the second-best uranium company in the world. It's stable and transparent. But uranium's outlook given a global slowdown and lack of Japanese demand is cloudy. Also, this is HIGHLY volatile. Good for options traders, which he is not.
WAIT
WAIT
January 23, 2020

The only thing to look at is uranium prices. Until prices take off, stay on the sidelines. If prices take off, first go-to is the Uranium Participation Corp. Then come back to Cameco after that. Need a break above $6 before he'd be interested.

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Cameco Corporation (CCO-T)
January 23, 2020

The only thing to look at is uranium prices. Until prices take off, stay on the sidelines. If prices take off, first go-to is the Uranium Participation Corp. Then come back to Cameco after that. Need a break above $6 before he'd be interested.

SELL STRENGTH
SELL STRENGTH
January 21, 2020
A downward chart since early-2019. At $12.15, exit.
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Cameco Corporation (CCO-T)
January 21, 2020
A downward chart since early-2019. At $12.15, exit.
DON'T BUY
DON'T BUY
January 8, 2020
People have been waiting for interest in uranium and nuclear power for a long time. He has stayed away. He does not own it and does not follow it closely. It trades around book value and at forward earnings are not looking that robust. It is just too expensive. There will be more emphasis on nuclear generation in China and India going forward, but it could be a long wait.
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People have been waiting for interest in uranium and nuclear power for a long time. He has stayed away. He does not own it and does not follow it closely. It trades around book value and at forward earnings are not looking that robust. It is just too expensive. There will be more emphasis on nuclear generation in China and India going forward, but it could be a long wait.
DON'T BUY
DON'T BUY
January 3, 2020
The chart shows a stuck pattern. It's trading in a range from $11.50 - $12.50. Make sure to get out if it goes below $11.00. The demand-supply for this stock is very tricky. It's been on a downward trajectory from $50 for the last couple decades.
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The chart shows a stuck pattern. It's trading in a range from $11.50 - $12.50. Make sure to get out if it goes below $11.00. The demand-supply for this stock is very tricky. It's been on a downward trajectory from $50 for the last couple decades.
PAST TOP PICK
PAST TOP PICK
December 13, 2019

(A Top Pick Jun 14/19, Down 12%) They shut down their mine to tighten up their supply globally. It's one of the largest producer of uranium and they were trying to use their market power. It never panned out. It makes sense from an investment view though.

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Cameco Corporation (CCO-T)
December 13, 2019

(A Top Pick Jun 14/19, Down 12%) They shut down their mine to tighten up their supply globally. It's one of the largest producer of uranium and they were trying to use their market power. It never panned out. It makes sense from an investment view though.

PAST TOP PICK
PAST TOP PICK
December 6, 2019
(A Top Pick Sep 24/19, Up 3%) Lot has happened today, up 6%. Seasonality is late September to January. The world nuclear conference happens, and investors wait for it, to see the price. The US was holding back because some companies were pushing for reduction of uranium. The panel recommended to create a special reserve for the future, so this lifted the stock.
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Cameco Corporation (CCO-T)
December 6, 2019
(A Top Pick Sep 24/19, Up 3%) Lot has happened today, up 6%. Seasonality is late September to January. The world nuclear conference happens, and investors wait for it, to see the price. The US was holding back because some companies were pushing for reduction of uranium. The panel recommended to create a special reserve for the future, so this lifted the stock.
COMMENT
COMMENT
November 6, 2019
The uranium market will take care of itself, but when? The uranium price will depend on Japanese restarts which has been tepid. Low prices have taken a toll on CCO. Also, their balance sheet is no longer great. This depends on your patience in waiting for uranium prices to rise.
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Cameco Corporation (CCO-T)
November 6, 2019
The uranium market will take care of itself, but when? The uranium price will depend on Japanese restarts which has been tepid. Low prices have taken a toll on CCO. Also, their balance sheet is no longer great. This depends on your patience in waiting for uranium prices to rise.
DON'T BUY
DON'T BUY
October 30, 2019
Has owned it in the past. A tricky sector to enter now. Is suffering production cutbacks. The stock price may continue to improve, but he's not ready to bite.
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Cameco Corporation (CCO-T)
October 30, 2019
Has owned it in the past. A tricky sector to enter now. Is suffering production cutbacks. The stock price may continue to improve, but he's not ready to bite.
TOP PICK
TOP PICK
September 24, 2019
Seasonality starts now into mid-January. The chart dropped from 2015 to the start of 2019, then went sideways and consolidated, but now looks attractive. Looks good long-term. Get in now, get out in mid-January. (Analysts’ price target is $15.97)
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Cameco Corporation (CCO-T)
September 24, 2019
Seasonality starts now into mid-January. The chart dropped from 2015 to the start of 2019, then went sideways and consolidated, but now looks attractive. Looks good long-term. Get in now, get out in mid-January. (Analysts’ price target is $15.97)
COMMENT
COMMENT
September 3, 2019
He just took profits. They've done a great job in buying uranium to sell on their spot contracts. You could enter CCO now, but there aren't any catalysts to push the stock higher. Also, the 0.7% yield is too low. Be patient with it.
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Cameco Corporation (CCO-T)
September 3, 2019
He just took profits. They've done a great job in buying uranium to sell on their spot contracts. You could enter CCO now, but there aren't any catalysts to push the stock higher. Also, the 0.7% yield is too low. Be patient with it.
DON'T BUY
DON'T BUY
August 14, 2019
Uranium prices and operational issues are creating headwinds. The government of Kazakhstan has been boosting production to raise money and this is hurting their bottom line. He has no interest here. Remember, just because it is cheap it is not a reason to buy -- you need a real catalyst to confirm things are changing.
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Uranium prices and operational issues are creating headwinds. The government of Kazakhstan has been boosting production to raise money and this is hurting their bottom line. He has no interest here. Remember, just because it is cheap it is not a reason to buy -- you need a real catalyst to confirm things are changing.
Showing 1 to 15 of 921 entries

Cameco Corporation(CCO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 8

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, 8 stock analysts published opinions about CCO-T. 3 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 Jason Mann on 2020-11-13. 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?

8 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 2020-12-02, Cameco Corporation (CCO-T) stock closed at a price of $13.17.