Should You Buy Cameco While It's Below $61?
After the Fukushima nuclear meltdown in Japan in 2011, shares of uranium miner (NYSE: CCJ) fell into a deep rut. It took a decade for it to climb out of the hole, and in 2024, the stock rose toward a high of a little over $60 a share on rising uranium prices.
When uranium prices began falling in February 2024, the stock fell along with it, going as low as the mid-$30s. The stock price eventually recovered and it now trades around $58 a share.
Should investors buy Cameco as it makes a run toward the 25-year-high price of a touch over $60 again?
Source Fool.com
Cameco Corp. Aktie
102,55 €
0,44 %
Die Cameco Corp. Aktie genießt hohe Beliebtheit: Mehr Buy- (28) als Sell-Einschätzungen (1).
Ein leicht positives Kursziel von 119 € für Cameco Corp. gegenüber dem aktuellen Kurs von 102.55 € wird gesehen.
