The surge in AI and Big Tech continues capturing widespread attention, but savvy investors will want to focus on energy stocks. Energy stocks are off to an excellent start this year, with the Energy Select Sector SPDR Fund posting double-digit gains year-to-date (YTD), performing in line with tech stocks. Moreover, despite a somber outlook on the stock market, Morgan Stanley has shifted its stance on energy stocks to ‘overweight’ from ‘neutral.’ This adjustment is based on the stock prices of top energy com ...

The uranium market has been red hot, with prices soaring higher for the element that's used to fuel nuclear power plants. This has also led to the strong performance of uranium miners such as Cameco (CCJ 1.43%) and Uranium Energy Corp. (UEC 0.75%). While both companies are set to benefit from continued increasing uranium prices, Uranium Energy is positioned to benefit more. Here's why.Why prices have been soaringPricing for commodities generally comes down to supply and demand, and uranium is no exception. ...

Exhibit 99.2 Cigar Lake Operation Northern Saskatchewan, Canada National Instrument 43-101 Technical Report Effective Date: December 31, 2023 Date of Technical Report: March 22, 2024 PREPARED FOR CAMECO CORPORATION BY: BIMAN BHARADWAJ, P. ENG. C. SCOTT BISHOP, P. ENG. ALAIN D. RENAUD, P. GEO. LLOYD ROWSON, P. ENG. Table of Contents 1.1 Preamble 1 1.2 Introduction 1 1.3 Property tenure 2 1.4 Location and site description 2 1.5 Geology and mineralization 3 1.6 Exploration of Cigar Lake deposit 4 1.7 Mineral r ...

Ole_CNX Back in January, I placed a “Hold” rating on Cameco (NYSE:CCJ), noting that while the company is a solid play on the improving uranium and nuclear market, the stock is pretty pricey by historical standards. With the stock down about -12% since then, though, now is the time take the stock to "Buy." With the company reporting results last month and recently hitting the investor conference circuit, let’s catch on the name. Company Profile As a refresher, CCJ is a uranium miner and nuclear service p ...

Shares of the world's largest publicly traded uranium company, Cameco Corp (NYSE:CCJ), are up 1.4% at $40.11 this afternoon. However, a recent downtrend just placed CCJ near a trendline with historically bullish implications. The stock has come within one standard deviation of its 200-day moving average for the sixth time in the past three years. According to Schaeffer's Senior Quantitative Analyst Rocky White, Cameco stock was positive one month later 67% of the time, averaging a 12.7% gain.  A similar mov ...

Cameco Corporation (NYSE:CCJ) 2024 Raymond James International Investors Conference March 4, 2024 1:40 PM ET Company Participants Grant Isaac - CFO Conference Call Participants Unidentified Analyst So Grant is going to give us a presentation today. And then we're going to leave a little bit of time at the end for questions. So, I'll turn it over to Grant. Grant Isaac Okay, great. Thank you very much. Obviously, thank you to Raymond James, for inviting us. We have been into this conference before. And I ho ...

Cameco Corporation (NYSE:CCJ) 2024 Raymond James International Investors Conference March 4, 2024 1:40 PM ET Company Participants Grant Isaac - CFO Conference Call Participants Unidentified Analyst So Grant is going to give us a presentation today. And then we're going to leave a little bit of time at the end for questions. So, I'll turn it over to Grant. Grant Isaac Okay, great. Thank you very much. Obviously, thank you to Raymond James, for inviting us. We have been into this conference before. And I ho ...

Thanks to supply-demand issues, uranium prices are at 16-year highs. And they’re not likely to come down any time soon, creating an opportunity for beaten-down uranium stocks.To start, one of the world’s biggest producers of uranium, Kazatomprom just said, “It will produce only 80% of its permitted maximum uranium output allowed under Kazakh subsoil usage contracts, instead of the previously announced 90% level,” as noted by S&PGlobal.com. “The company had warned in a Jan. 12 statement about the potential t ...

Cameco Corporation (NYSE:CCJ) BMO Global Metals & Mining Conference Transcript February 26, 2024 2:30 PM ET Executives Tim Gitzel - Chief Executive Officer Analysts Alexander Pearce - BMO Alexander Pearce Ladies and gentlemen, I have the pleasure of introducing Tim Gitzel, CEO of Cameco. Welcome, Tim. Tim Gitzel That was short and sweet. So, thank you, Alex. Good afternoon, everybody. Nice to see you and thanks for coming out this afternoon. We’re always delighted to be in Florida at this time of the year. ...

While the concept of energy stocks to buy might seem a bit controversial due to the uncertainty – and in some cases volatility – involved, the narrative comes down to a simple equation. If you believe in the broader economic recovery, then more people will be consuming more resources. And if that’s the case, the full spectrum of energy sources could be in high demand.First, the hydrocarbon sector would get a new lease on life, at least from the investment point of view. To be blunt, hydrocarbons have always ...