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
103,30 €
1,18 %
Klares Buy-Übergewicht bei der Cameco Corp. Aktie mit 28 zu 1 Einschätzungen.
Das von der Community festgelegte Kursziel von 119 € für Cameco Corp. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 103.3 € hin.
