5 Best Uranium Stocks to Buy Now

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1. Cameco Corporation (NYSE: CCJ)

Number of Hedge Fund Holders: 30     

Cameco Corporation (NYSE: CCJ) is a Canada-based company that produces and sells uranium. It was founded in 1988 and is ranked first on our list of 10 best uranium stocks to buy now. The stock has returned more than 103% to investors over the past year. The firm is the second largest uranium producer in the world, accounting for at least 18% of the total production of the resource. In addition to North America, the company has business interests in Europe and Asia as well. 

Cameco Corporation (NYSE: CCJ) posted quarterly earnings results on May 7, reporting earnings per share of -$0.07, beating market predictions by $0.01. The revenue for the first three months of 2021 was $290 million, down 16% year-on-year. 

Out of the hedge funds being tracked by Insider Monkey, Florida-based investment firm Kopernik Global Investors is a leading shareholder in Cameco Corporation (NYSE: CCJ) with 9.8 million shares worth more than $163 million.  

You can also take a peek at 10 Blue Chip Dividend Stocks Hedge Funds Are Buying and 14 Best European Dividend Stocks To Buy.

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