Cameco’s (CCJ) Westinghouse Unit Poised for New Nuclear Reactor Deals

Cameco Corporation (NYSE:CCJ) ranks among the best energy stocks with huge upside potential. UBS began coverage of Cameco Corporation (NYSE:CCJ) on November 10 with a Neutral rating and a C$140 price target, citing recent price gains in spite of favorable industry fundamentals. UBS anticipates a substantial increase in Cameco’s profitability this decade as the energy giant recontracts supplies at ever-higher spot prices and its Westinghouse unit secures contracts on new-build nuclear reactors. Although t ...