The surge in artificial intelligence (AI) has led many companies to urgently reassess their energy strategies. These companies, along with several countries, have also committed to slashing carbon emissions to help slow climate change. Relying solely on renewable sources isn't enough right now to meet these escalating (and competing) needs.Last year, several countries endorsed the Declaration to Triple Nuclear Energy to address these growing energy demands, pledging to increase their nuclear energy capacity ...

Cameco (CCJ) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this uranium producer have returned +16.4% over the past month versus the Zacks S&P 500 composite's +6.7% change. The Zacks Mining - Miscellaneous industry, to which Cameco belongs, has lost 1.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rum ...

Shares in uranium, nuclear fuels, and nuclear operating plant services company Cameco Corporation (CCJ 0.37%) powered higher by 15.2% in November, according to data provided by S&P Global Market Intelligence. The move coincides with a solid third-quarter earnings report released early in the month in an environment of improving optimism around the role of nuclear energy in the provision of power.Cameco powers higherThe underlying results from Cameco were good in the third quarter, with adjusted earnings bef ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .As most of you may know, most of my research is based on the "big picture," which includes interrelated factors like macroeconomics, geopolitics, and supply chains. Right now, all of these are extremely volatile.Analyst’s Disclosure: I/we have no stock, option or similar derivat ...

Even if Wall Street is right about uranium prices, it could still be wrong about Cameco."Buy low, sell high" -- that's most investors' goal when investing in a stock, but it's easier said than done. How do you know if a stock will go up or down before you buy it?Take Cameco Corporation (CCJ 2.84%) for example. It's the biggest publicly traded uranium mining stock by market cap in the world and the second biggest by sales. (In Kazakhstan, Kazatomprom makes more money but is worth less). Helped by surging ura ...

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Toronto, Ontario--(Newsfile Corp. - November 26, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the approval of a $1.2 million drilling program at the Smart Lake Joint Venture (JV) Project, marking a significant return to this highly prospective project within the southwestern Athabasca Basin, Saskatchewan, Canada.The Smart Lake JV, jointly owned by Cameco Corporation (73%) and Purepoint (27%), exemplifies Purepoint's strategy of advanc ...

Nuclear power is making a comeback. Over the past year, 31 nations have signed the Declaration to Triple Nuclear Energy, pledging to triple their nuclear energy capacity by 2050. Major financial institutions like Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley are on board, amplifying this wave of support.When you pair this with relentless demand for energy from the tech industry, it's clear that nuclear power will play a vital role in the future of clean energy. One of the key players in the ...

With Cameco (CCJ 3.47%) trading at roughly 26 times its estimated 2025 earnings, no investor is buying stock in this uranium, nuclear fuel services, and nuclear plant services company for what it is now. It's far more likely they are buying for what it could become in the future.As such, the case for the stock doesn't just rest on a "connect the dots" approach to its metrics and the possibility of an expanded role for nuclear energy. There is something more going on here. Let's explore.The case for CamecoTh ...

Cameco (CCJ) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this uranium producer have returned -5%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Mining - Miscellaneous industry, which Cameco falls in, has lost 7.7%. The key question now is: What could be the stock's future direction?While media releases or ...