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Stock impact report

Is Cameco Stock Still a Buy? [Yahoo! Finance Canada]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
The nuclear industry is gaining steam. Cameco Inc. TSX:CCO ) is one of the largest global providers of uranium, which powers nuclear power plants. In recent months, Cameco's stock price hit an all-time high of almost $150 per share. Why is Cameco rallying so much? Where will it go from here? And finally, is Cameco stock still a buy today? Why Cameco is rallying The nuclear energy boom is being driven by three major themes. The first is the global desire for energy security. The second is decarbonization . And the third is the digital infrastructure boom. Nuclear energy is leading the race to address all of these issues, and Cameco is reaping the rewards. Just last month, Cameco announced a transformational agreement that highlights the bullish state of the nuclear industry. In this agreement, the U.S. government and Westinghouse (which Cameco has a 49% interest in) entered into a partnership to accelerate the deployment of nuclear power. This means that the government has com Show less Read more
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