Cameco (CCJ)
Hey,
The war in Ukraine has Europe looking for alternate sources of energy, with Russian oil and gas now a hot potato.
That’s why nuclear energy is getting back into the mix.
And the markets are noticing. Cameco, the largest uranium producer by far — larger than all other listed miners combined — just hit 10-year highs.
And I expect the company to continue to head upwards, as rumors about new nuclear power morphs into plans for new nuclear plants.
Buy Cameco anywhere above 26 — with 44 our target ceiling in the short-term.
Til next week, good trading,
JC Parets
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