Cameco Corp (USA) (NYSE:CCJ)

CAPS Rating: 4 out of 5

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.

Recs

4
Player Avatar tatenthinh (< 20) Submitted: 9/5/2008 10:24:06 AM : Underperform Start Price: $23.88 CCJ Score: +61.14

This stock should drop down to about $20/share the next few months due to the election, and then it's a good buy below $20

Member Avatar CokeBottles (< 20) Submitted: 5/5/2009 12:32:41 PM
Recs: 0

Just because the liberals have elected a new leader does not mean we will be having an election in the near future.I suspect that the Canadian population would punish anyone responsible for sending us back to the polls so soon after last falls results. I believe you will find that some NDP and/or Bloc members suddenly become "absent" from any critical votes until at least the fall. Uranium prices and the Canadian dollar will continue to rise which makes Cameco at least a hold for the long term. With CCO-T at $29.00 already, CCJ-N will continue to rise until they mirror one another as the dollars approach equality over the rest of the year. Any increase in the Uranium price I view as gravy, as I do any hinted at acquisitions and the recent successes with remediation of flooding at Cigar Lake.My thoughts!Coke Bottles

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