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Cameco Corp (CCJ US) $US37.13

Uranium producer CCJ has been in the financial press a fair bit of late as the price of the nuclear material has surged over recent months. However, it has corrected sharply over the last fortnight, more so than ASX listed Paladin (PDN), delivering a good buying opportunity for the active investor.

  • We are targeting fresh highs for CCJ into 2024, making the risk/reward attractive after the stock’s 17% pullback.
MM remains long and bullish toward CCJ
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Cameco Corp (CCJ US)
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