Cameco: Spanning The Uranium, Nuclear Value Chain With Favorable Growth Expectations
CCJCameco(CCJ) Seeking Alpha·2024-07-01 14:26

MD MARUF HASSAN/iStock Unreleased via Getty Images Introduction The energy transition from CO2-emitting coal/gas to "clean" energy has sparked a nuclear rebirth as the most efficient clean electricity source and has driven uranium prices in the last two years, with expectations of long-term deficits prompting higher price expectations. To invest in this theme, I researched two uranium ETFs, Global X Uranium (URA) and Sprott Uranium Miners (URNM) where Cameco (NYSE:CCJ) (TSX:CCO:CA) was the top holding and t ...