Jim Cramer Looked At These 7 Stocks Recently

2. Cameco Corporation (NYSE:CCJ)

Number of Hedge Fund Holders: 60

When a caller asked Cramer about Cameco Corporation (NYSE:CCJ), he said:

“Well, if you’re gonna own CCJ, if you’re gonna own a uranium stock that is the one to own. I don’t want to… I don’t think it’s a growth business.”

Cameco (NYSE:CCJ) provides uranium for power generation and delivers nuclear fuel processing, reactor technology, and other related services to commercial utilities and government entities around the globe. Cramer has not strayed much from his opinion about the company as he said the following in November 2024:

“Look, all the uranium players are up. I think that they’re going to amount to very little in the end. This is not an expensive stock. I understand why you want to be in it, not versus the others, but it is an incredibly expensive stock versus the rest of the market. That’s what I care about. I am a kaching kaching when it comes to Cameco.”

Since he made the comment, Cameco’s (NYSE:CCJ) stock has declined more than 8%.