Is CCJ a good stock to buy?
We came across a bullish thesis on Cameco Corporation on Darius Dark Investing’s Substack
In this article, we will summarize the bulls’ thesis on CCJ. Cameco Corporation’s share was trading at $102.27 as of June 9th. CCJ’s trailing and forward P/E were 95.72 and 90.91 respectively according to Yahoo Finance.
Burke Hollow. Photo from Uranium Energy Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. CCJ has emerged as one of the most strategically important companies in the global nuclear energy industry, yet the recent decline in its share price from roughly $135 to near $100 appears disconnected from the company’s long-term positioning.