When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Cameco (CCJ) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Cameco currently has an average brokerage recommendation (ABR) o ...

HT Ganzo Introduction As most of my readers may know, I have a bullish long-term view of oil and gas. This is also the reason why I'm bullish on uranium. While nuclear energy comes with much higher upfront costs than oil, gas, and renewable energy, it has an unbeatable energy density. Over the past few centuries, humanity has benefitted from increasingly dense energy sources. We started with wood and slowly moved to coal, followed by oil and natural gas. This provided incredible growth in prosperity. One pe ...

You should seriously consider investing in only one of these four uranium stocks. Uranium stocks are ending the week on a strong note, with shares of Cameco (CCJ 6.42%) stock up 5.8% through 10 a.m. ET and smaller rivals Ur-Energy (URG 8.78%), Uranium Royalty (UROY 15.59%), and Uranium Energy (UEC 12.95%) doing even better -- up 8.2%, 9.9%, and 12.7%, respectively. And all four of these nuclear stocks have just one company to thank for their rallies: Kazakhstan's Kazatomprom. What Kazatomprom said today As ...

honglouwawa Introduction Twelve months after the disaster that struck Fukushima we posted an article on Cameco Corp (NYSE:CCJ) with a "Buy" rating on 12 April 2012. This stock had suffered badly in an environment where nobody wanted nuclear energy as the chart below shows: Cameco Chart April 2012 (stockcharts) I am for nuclear energy as a part an energy strategy along with the new green technologies and have traded in and out of various uranium miners over the last two decades. More recently I covered Camec ...

Les the more ni r day r Pr HE = · i in the state . . . . " . " . IW 西南部 t the r 195 型 25 K 44. 800 i - - 19. End 774 36 th ji 3 Michael McCrae Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was cofounder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelm ...

Cameco Corporation. (NYSE:CCJ) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Cory Kos - VP-IR Tim Gitzel - President and CEO Grant Isaac - Executive VP and CFO Heidi Shockey - Senior VP and Deputy CFO Rachelle Girard - Senior VP and Chief Corporate Officer Brian Reilly - Senior VP and Chief Operating Officer Sean Quinn - Senior VP, Chief Legal Officer and Corporate Secretary. Conference Call Participants Alexander Pearce - BMO Capital Markets Neil Mehta - Goldman Sachs Ralph ...

It's time to buy and hold long-term uranium stocks. Plus, as noted by Wells Fargo, after years of flat power growth in the U.S., electricity demand could grow as much as 20% by 2030. Again, because of the AI data center demand. Cameco (CCJ) Plus, with supply unlikely to match demand any time soon, the argument for further upside is easy to make. Also, as noted by Cameco Chief Executive Officer Tim Gitzel, market tightness, mine depletion and underinvestment will keep uranium prices high. Source: Shutterstoc ...

Image Source: Zacks Investment Research Over the trailing four quarters, Cameco's earnings missed the Zacks Consensus Estimate thrice and surpassed the same in one quarter. CCJ has an average trailing four-quarter negative earnings surprise of 21.6%. Factors to Note Although uranium prices had peaked at a 16-year high of $106 per pound on Jan 22, 2024, the spike was shortlived and the uranium market experienced a moderate pullback since then. Despite the cooldown, prices remained above the $80 level, buoyed ...

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Cameco (CCJ) . Of the 12 recommendations that derive the current ABR, nine are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 75% and 16.7% of all recommendations. Check price target & stock forecast for Cameco here>>> Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analys ...

I feel that each investor should carefully consider these uranium multibagger stocks as potential investments for their portfolio. As InvestorPlace reported previously, the current move towards cleaner forms of energy is making nuclear power one of the most sought-after energy sources. Due to the unstable oil prices and the termination of thermal coal burning, nuclear energy is gaining importance. Such countries as China, India and Russia are already at the forefront of this race, having numerous nuclear re ...