Cameco(CCJ)
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Uranium Stocks: Finally Starting To Tick
Seeking Alpha· 2024-10-18 12:32
A day can be a long time in the world of investment, and yesterday was no exception in the uranium mining sector. A number of stocks experienced capital gains, some of which were double-digit increases. The following chart Bob Kirtley has traded options and stocks since 1980. Bob Kirtley spent many years working on Oil projects including some in Alberta, such as the tar sands installations in Fort McMurray. He lived and worked in many different countries, as that is the nature of the construction business. ...
Cameco (CCJ) Soars 7.9%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-17 12:00
Cameco (CCJ) shares rallied 7.9% in the last trading session to close at $55.78. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 28.3% gain over the past four weeks. Cameco shares surged on the news that Amazon Web Services, the cloud computing arm of Amazon (AMZN), has signed three new agreements to support the development of nuclear energy projects, including enabling the construction of several new Small M ...
Why Cameco, Denison Mines, and Energy Fuels Stocks All Popped on Wednesday
The Motley Fool· 2024-10-16 18:17
The best buy now among these three nuclear stocks may surprise you. Uranium mining stocks surged higher on Wednesday, with industry bellwether Cameco (CCJ 8.18%) rising 8.2% through 2:11 p.m. ET, Denison Mines (DNN 15.23%) doing even better with a 14.7% gain, and smaller Energy Fuels (UUUU 17.05%) performing best of all -- up 17%. Investors are betting on a resurgence in demand for nuclear energy, and their optimism is not without reason as tech giants like Microsoft (MSFT -0.87%), Alphabet (GOOG -0.38%) (G ...
Cameco Shares Gains 28.4% in a Month: How Should You Play the Stock?
ZACKS· 2024-10-16 17:35
Cameco (CCJ) shares have appreciated 28.4% in the past month, outpacing the industry's return of 9.3%. In comparison, the Zacks Basic Materials sector and the S&P 500 have gained 2.4% and 3.9%, respectively. Recent developments in the nuclear energy sector have sparked the interest in Cameco. Being one of the world's leading uranium producers with operations spanning the entire nuclear fuel cycle from exploration to fuel services, CCJ is well-positioned to benefit from these trends. CCJ's 1-Month Performanc ...
2 Nuclear Power Stocks To Watch In October 2024
Stock Market News, Quotes, Charts And Financial Information | Stockmarket.Com· 2024-10-16 13:53
The nuclear power sector encompasses companies involved in the production of nuclear energy and related technologies. This includes utilities operating nuclear plants, uranium miners, and nuclear equipment manufacturers. Nuclear power stocks represent ownership in these companies traded on public exchanges. The sector has gained renewed attention due to its potential role in reducing carbon emissions. Nuclear power offers a reliable, low-emission source of baseload electricity. Investing in nuclear power st ...
Cameco (CCJ) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-10-14 22:56
In the latest market close, Cameco (CCJ) reached $51.88, with a +1.03% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.77%. Elsewhere, the Dow gained 0.47%, while the tech-heavy Nasdaq added 0.87%. Heading into today, shares of the uranium producer had gained 27.33% over the past month, outpacing the Basic Materials sector's gain of 5.59% and the S&P 500's gain of 4.87% in that time. The investment community will be paying close attention to the earn ...
Is Cameco a Millionaire Maker?
The Motley Fool· 2024-10-14 12:24
Cameco could be positioned to take advantage of a boom in the nuclear power industry. But investors need to remember one key fact. Nuclear power is all the rage right now, with two U.S. reactor reopenings making splashy headlines. The U.S. government has already agreed to back one of the reopenings and it could end up providing a helping hand with the second as well. With Uncle Sam on board, there's a very real chance that nuclear power is ready to take off. Should you buy industry supplier Cameco (CCJ 1.70 ...
Cameco: Buy, Sell, or Hold?
The Motley Fool· 2024-10-13 11:00
Renewed interest in nuclear power could be a long-term tailwind for the uranium company. Global demand for energy is set to explode. As developing nations grow, their need for more energy will grow, too. In addition, the rise of artificial intelligence is forcing data center providers to reconsider how they power their businesses. Numerous countries have committed to reducing their carbon footprint by 2050. While renewable energy sources such as wind and solar power are gaining traction, they're not nearly ...
Why Cameco Stock Popped 18% in September and Could Soar Higher
The Motley Fool· 2024-10-08 19:41
The uranium stock is the best bet on nuclear energy right now. Shares of Canada-based uranium miner Cameco (CCJ 0.17%) are sizzling. The uranium stock surged 17.5% in September, according to data provided by S&P Global Market Intelligence, and continues to rally. It's up a solid 37% in one month, as of this writing. The focus is back on the uranium industry, and Cameco just announced plans to expand capacity. That could mean even bigger days ahead for the stock. Uranium stocks are a bet on nuclear energy Ca ...
Cameco Corporation (CCJ) TD Securities Annual Nuclear Fuel Cycle and Next Generation Nuclear Roundtable - 2024 Conference (Transcript)
2024-10-08 18:03
Cameco Corporation (NYSE:CCJ) TD Securities Annual Nuclear Fuel Cycle and Next Generation Nuclear Roundtable - 2024 Conference October 8, 2024 11:35 AM ET Company Participants Grant Isaac - Executive VP and CFO Conference Call Participants Craig Hutchison - TD Securities Craig Hutchison Good morning. Our next speaker is Grant Isaac, Executive Vice President and Chief Financial Officer of Cameco Corp. Welcome, Grant. Grant Isaac Hi there. Good to see you, Craig. Question-and-Answer Session Q - Craig Hutchis ...