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News  ›  The Motley Fool

Should You Buy Cameco While It's Below $110?

The Motley Fool Logo The Motley Fool By Reuben Gregg Brewer
Should You Buy Cameco While It's Below $110?

Cameco, a leading uranium producer, has seen its stock price drop 15% from its 52-week high. While the company is well-positioned in the nuclear power industry, potential investors should be cautious due to commodity volatility and premium pricing.

Insights
CCJ   neutral

The company is well-run and positioned for future growth, but current stock valuation appears high with potential risks from industry volatility and potential nuclear accidents