Cameco: Bull vs. Bear
These days, unlike a few years ago, discussions about renewable energy stocks aren't just narrowly focused on solar and wind power. Instead, nuclear energy stocks like (NYSE: CCJ) are also commanding attention from investors seeking alternative energy exposure.
Investors also recognize that artificial intelligence companies are placing sizable power demands on data centers, and nuclear power is increasingly being considered as a way to meet these demands.
But that attention alone doesn't suggest that Cameco is a screaming buy right now. In fact, there are valid points to be made for both the bull and bear cases for buying Cameco stock. Let's see how two Motley Fool contributors sum up the arguments.
Source Fool.com
Cameco Corp. Stock
€83.90
0.840%
With 25 Buy predictions and not a single Sell prediction Cameco Corp. is an absolute favorite of our community.
As a result the target price of 117 € shows a positive potential of 39.45% compared to the current price of 83.9 € for Cameco Corp..
