Should You Own Cameco Corporation (USA) (CCJ)?

Final Foolish Thought

In the short term Cameco may not necessarily thrash the market. Concerns over the viability of nuclear power aroused partially by the Fukushima disaster have led to low uranium prices with many miners struggling to remain profitable. However economic and environmental realities are dawning on the leaders of the world. Many are realizing that nuclear power will play an important part in satisfying the growing energy needs of their people. Cameco has remained profitable during adverse market conditions, something that certainly cannot be said for all uranium miners. Over the past 10 years they have provided satisfactory returns for their shareholders. Ambitious growth plans from management whose sole focus is nuclear power should provide the same over the next 10 years.

The article Should You Own Cameco? originally appeared on Fool.com and is written by Ryan Palmer.

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