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Why Cameco Stock Popped 18% in September and Could Soar Higher
CCJCameco(CCJ) 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 ...