Why Cameco Stock Soared on Wednesday

The uranium stock appears to have more upside from here than downside, so pay attention. Shares of Canada-based uranium miner Cameco (CCJ 5.44%) generated rock-solid total returns (including dividends) of 186% on the Toronto Stock Exchange (TSX) in the three years through June 30. Thanks to its strong performance, Cameco stock made it to the TSX30 2024 list, released yesterday. TSX30 is an annual list of the top 30-performing stocks on the stock exchange over a three-year period based on their dividend-adju ...