CCJ Stock Trading at Premium Value: Should You Buy, Sell or Hold?

Cameco (CCJ) is trading at a forward price-to-sales ratio of 9.91, significantly higher than the industry’s 1.33. It is also above its three-year median of 6.77. CCJ’s Value Score of F suggests that the stock is not so cheap and indicates a stretched valuation at this moment. Image Source: Zacks Investment ResearchYear to date, Cameco shares have gained 30.9% against the industry’s 13.2% decline. Meanwhile, the broader Zacks Basic Materials sector has declined 3.3%, while the S&P 500 has climbed 27.4%.CCJ S ...