Here's Why Cameco Stock Soared in October
Cameco(CCJ) The Motley Fool·2024-11-04 19:21
Google became the latest tech giant and cloud service provider to sign agreements to procure power generated by nuclear reactors in October, and that's good news for the industry at large.Shares in uranium, nuclear fuels, and services company Cameco Corporation (CCJ 0.54%) rose by 12.6% in October, according to data from S&P Global Market Intelligence. The move comes in an improving backdrop for stocks aligned with the nuclear industry, and Cameco is the best way to get pure-play exposure to the industry li ...