Why Shares of Cameco Are Powering Higher Today
Cameco(CCJ) The Motley Fool·2024-04-01 16:13
Starting off the new month on a positively energetic note, Cameco (CCJ 5.49%) stock is shooting higher today. While both the S&P 500 and Dow Jones Industrial Average are in the red, investors are clicking the buy button on the uranium producer's stock after learning of some favorable attention that the stock is receiving from Wall Street.As of 11:15 a.m. ET, shares of Cameco are up 5.5%, retreating from their earlier rise of 7.4%.Goldman Sachs gives Cameco stock a green lightInitiating coverage on Cameco, G ...