Up Over 55% in 2025, Is Cameco Stock the Next Big Thing?

The uranium miner is still in the early innings of its current growth cycle.Cameco (CCJ +1.67%), the world's second-largest uranium miner, was a dismal investment for more than a decade. From 2011 to 2021, its revenue plunged from $2.4 billion to $1.2 billion without a single year of growth. That decline was caused by the Fukushima disaster in 2011, which drove many countries to rein in their nuclear expansion projects; the COVID-19 pandemic, which forced many miners to suspend their operations; and a weak ...