Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time
Cameco(CCJ) The Motley Fool·2024-10-05 13:35
Nuclear power is returning to favor, and it could be a lasting trend. Uranium provider and nuclear fuel services company Cameco (CCJ 3.76%) stock has risen more than 22% over the last month, and, understandably, some investors might be looking to take profits. Still, the investment case for the stock doesn't rest on a near-term improvement in sentiment on the nuclear industry, but rather on its long-term potential as a clean power source. Nuclear power is back in favor There's little dispute over why the st ...