$29.04
-0.03 (-0.10%)
Cameco Corp (USA) (CCJ)
CAPS Rating:
The Company is engaged in the exploration, development, mining, refining, conversion, and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and internationally.
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I use CAPS as the testing ground for my newsletter. I pick stocks and ETFs that will benefit from macro trends.I do not like the P/E on this one or even the earnings per share, but I do like this: "Cameco is also one of the four converters of uranium concentrates 'U3O8' to uranium hexafluoride 'UF6' in the western world, the only commercial supplier of services to convert uranium concentrates to uranium dioxide 'UO2' in the western world, and one of two Canadian commercial suppliers of fuel fabrication services for CANDU reactors."Check out my site - http://www.positivereturns.net