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Cameco

Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.

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<p>B of A Securities  analyst Lawson Winder   maintains Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) with a Buy and raises the price target from $59 to $60.5.</p>


Price Target

B of A Securities Maintains Buy on Cameco, Raises Price Target to $60.5

<p>Deep-pocketed investors have adopted a bullish approach towards Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CCJ usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Cameco. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 50% leaning bullish and 40% bearish. Among these notable options, 3 are puts, totaling $262,239, and 7 are calls, amounting to $347,875.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $41.0 to $75.0 for Cameco over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Cameco's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cameco's whale activity within a strike price range from $41.0 to $75.0 in the last 30 days. </p>
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1719348341_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.12</td>
<td>$1.89</td>
<td>$1.9</td>
<td>$41.00</td>
<td>$195.2K</td>
<td>14</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$4.05</td>
<td>$3.95</td>
<td>$4.0</td>
<td>$50.00</td>
<td>$110.4K</td>
<td>3.4K</td>
<td style="text-align: right;">28</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$6.35</td>
<td>$6.25</td>
<td>$6.35</td>
<td>$45.00</td>
<td>$69.8K</td>
<td>335</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.89</td>
<td>$0.83</td>
<td>$0.83</td>
<td>$75.00</td>
<td>$41.6K</td>
<td>1.0K</td>
<td style="text-align: right;">402</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$2.5</td>
<td>$2.42</td>
<td>$2.46</td>
<td>$47.00</td>
<td>$40.0K</td>
<td>690</td>
<td style="text-align: right;">343</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Cameco</h3>
<ul>
<li>Currently trading with a volume of 2,421,416, the CCJ's price is down by -0.79%, now at $50.04. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 36 days.</li>
</ul>
<h3>What The Experts Say On Cameco</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $62.0.</p>
<ul>
<li>An analyst from Goldman Sachs has decided to maintain their Buy rating on Cameco, which currently sits at a price target of $62. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Cameco, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Cameco Unusual Options Activity For June 25

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Cameco</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Cameco.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 33% bullish and 55%, bearish.</p>
<p>Out of all of the special options we uncovered, 2 are puts, for a total amount of $91,250, and 7 are calls, for a total amount of $305,104.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $48.0 and $75.0 for Cameco, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Cameco options trades today is 4348.8 with a total volume of 1,555.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $48.0 to $75.0 over the last 30 days.</p>
<h3>Cameco 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1718721068_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$7.3</td>
<td>$7.2</td>
<td>$7.3</td>
<td>$48.00</td>
<td>$83.9K</td>
<td>10.9K</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$1.5</td>
<td>$1.46</td>
<td>$1.5</td>
<td>$55.00</td>
<td>$75.0K</td>
<td>6.2K</td>
<td style="text-align: right;">544</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.3</td>
<td>$7.2</td>
<td>$7.3</td>
<td>$55.00</td>
<td>$53.2K</td>
<td>937</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.3</td>
<td>$7.2</td>
<td>$7.3</td>
<td>$55.00</td>
<td>$37.9K</td>
<td>937</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.45</td>
<td>$6.4</td>
<td>$6.45</td>
<td>$50.00</td>
<td>$32.2K</td>
<td>3.3K</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Cameco</h3>
<ul>
<li>Currently trading with a volume of 514,696, the CCJ's price is up by 1.51%, now at $52.06. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 43 days.</li>
</ul>
<h3>What The Experts Say On Cameco</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $62.0.</p>
<ul>
<li>Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Cameco, targeting a price of $62. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Market Whales and Their Recent Bets on CCJ Options

SaskPower, Westinghouse, and Cameco Sign MOU to Evaluate Westinghouse Nuclear Reactor Technology for Saskatchewan's Future Clean Power Needs

<p class="articleSource"><strong>Source: <a href="https://www.streetwisereports.com/article/2024/06/11/uranium-stock-set-to-reverse-to-the-upside-expert-says.html?utm_medium=feed">Clive Maund 06/11/2024</a></strong></p>
<p>Technical Analyst Clive Maund shares his thoughts on Tisdale Clean Energy Corp. to explain why he believes it is a Strong Buy.</p>
<p><strong>Tisdale Clean Energy Corp.</strong> (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tceff#OTC">TCEFF</a>) is looking for uranium in the prolific Athabasca Basin in Saskatchewen.</p>
<p>This is a place that hosts a range of significant deposits with the company&#39;s South Falcon East flagship property located.</p>
<p>This is shown on the following slide from the company&#39;s latest investor deck at the southeast of the basin.</p>
<p><img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202461195835_1.jpg" style="height:764px; width:1000px" /></p>
<p>The next slide shows that there are big uranium companies active in the area, such as <strong>Cameco Corp. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccj#NYSE">CCJ</a>), <strong>Denison Mines Corp. </strong>(AMEX:DNN), and <strong>NexGen Energy Ltd. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nxe#NYSE">NXE</a>), and they would not be there without good reason, so the chances of making a significant discovery are high.</p>
<p><img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202461195859_2.jpg" style="height:739px; width:1000px" /></p>
<p>This next slide shows the company&#39;s South Falcon East property in more detail, and on it, we can see the proximity of big players like Cameco and <strong>Rio Tinto Plc </strong>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/rtntf#OTC">RTNTF</a>).</p>
<p><img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202461195920_3.jpg" style="height:764px; width:1000px" /></p>
<p>Note that drilling and exploration will be ongoing as the year unfolds. To learn more about the geology of the property, visit the company&#39;s latest investor deck.</p>
<p>Turning now to the latest stock charts we see that although Tisdale Clean Energy has put in a disappointing performance since we looked at it in January, at this point it continues to show signs that it is set to reverse to the upside soon.</p>
<p>On its latest 2-year plus chart, we can see that the downtrend in the stock from the Spring of last year shows marked convergence, which means that it is a bullish Falling Wedge. The reason that such a pattern is bullish is that it shows a diminution of downside momentum such as frequently precedes a reversal to the upside, and in this case, such a reversal is made a lot more likely by the continuing resilience of the Accumulation line which has held up remarkably well as the price has dropped, even if this is little consolation to holders of the stock, and it is even close to making new highs.</p>
<p>These two important factors taken together make it highly likely that the stock will soon take a turn for the better, so we will now look for evidence that it may be about to reverse on the 1-year chart.</p>
<p><img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202461195946_4.jpg" style="height:857px; width:860px" /></p>
<p>On the 1-year chart, we can see that a potential small Double Bottom may be forming with the late April lows, especially given the positive factors that we have already discussed, and that is considered to be a fair chance that it will break higher soon off the support at these lows.</p>
<p>However, given that this is a small pattern and that moving averages are still in unfavorable alignment, one possibility that we should be aware of is a false break to the downside, a so-called &quot;head fake&quot; followed by a rapid reversal to the upside leading to continued advance.</p>
<p><img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/2024611100008_5.jpg" style="height:857px; width:853px" /></p>
<p>Tisdale Clean Energy is therefore rated a Strong Buy here for all time horizons.</p>
<p><strong>Tisdale Clean Energy Corp. </strong>closed for trading at CA$0.095, US$0.062 on June 10, 2024</p>
<p>Important Disclosures:</p>
<ol>
<li>Tisdale Clean Energy Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. In addition, Tisdale Clean Energy Corp. has a consulting relationship with an affiliate of Streetwise Reports, and pays a monthly consulting fee between US$8,000 and US$20,000. For this article, the Company has paid Street Smart, an affiliate of Streetwise Reports, US$1,500 in addition to the monthly consulting fee.</li>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Tisdale Clean Energy Corp. and Cameco Corp.</li>
<li>Author Certification and Compensation: [Clive Maund of clivemaund.com] was retained and compensated as an independent contractor by Street Smart to write this article. Mr. Maund is a technical analyst who analyzes historical trading data and he received his UK Technical Analysts&#39; Diploma in 1989. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li>
<li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company.</li>
</ol>
<p><strong>Clivemaund.com Disclosures</strong></p>
<p>The above represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund&#39;s opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund&#39;s opinions on the market and stocks cannot be construed as a recommendation or solicitation to buy and sell securities.</p>


<p>Financial giants have made a conspicuous bearish move on Cameco. Our analysis of options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $74,040, and 7 were calls, valued at $553,205.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $70.0 for Cameco during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Cameco's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Cameco's substantial trades, within a strike price spectrum from $40.0 to $70.0 over the preceding 30 days.</p>
<h3>Cameco Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1718211689_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.0</td>
<td>$5.85</td>
<td>$6.0</td>
<td>$50.00</td>
<td>$300.0K</td>
<td>3.5K</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$1.57</td>
<td>$1.52</td>
<td>$1.54</td>
<td>$55.00</td>
<td>$77.0K</td>
<td>5.9K</td>
<td style="text-align: right;">212</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$7.65</td>
<td>$7.5</td>
<td>$7.5</td>
<td>$55.00</td>
<td>$39.0K</td>
<td>733</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$4.45</td>
<td>$4.35</td>
<td>$4.45</td>
<td>$70.00</td>
<td>$37.3K</td>
<td>300</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/14/24</td>
<td>$1.31</td>
<td>$1.21</td>
<td>$1.22</td>
<td>$51.00</td>
<td>$37.2K</td>
<td>1.7K</td>
<td style="text-align: right;">2</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>Following our analysis of the options activities associated with Cameco, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of Cameco</h3>
<ul>
<li>With a trading volume of 1,398,453, the price of CCJ is up by 2.59%, reaching $52.12.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 49 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Cameco</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $62.0.</p>
<ul>
<li>An analyst from Goldman Sachs has decided to maintain their Buy rating on Cameco, which currently sits at a price target of $62. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Cameco's Options Frenzy: What You Need to Know

WIIM

Cameco shares are trading lower amid weakness in uranium stocks.

<p>Goldman Sachs  analyst Neil Mehta   maintains Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) with a Buy and raises the price target from $56 to $62.</p>


Goldman Sachs Maintains Buy on Cameco, Raises Price Target to $62

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Cameco</strong>.</p>
<p>Looking at options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) we detected 8 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.</p>
<p>From the overall spotted trades, 2 are puts, for a total amount of $64,980 and 6, calls, for a total amount of $210,697.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $60.0 for Cameco over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In terms of liquidity and interest, the mean open interest for Cameco options trades today is 3387.38 with a total volume of 1,917.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $25.0 to $60.0 over the last 30 days.</p>
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1717699594_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$31.65</td>
<td>$30.2</td>
<td>$30.93</td>
<td>$25.00</td>
<td>$61.8K</td>
<td>884</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.81</td>
<td>$1.78</td>
<td>$1.8</td>
<td>$55.00</td>
<td>$36.0K</td>
<td>14.3K</td>
<td style="text-align: right;">861</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$3.8</td>
<td>$3.75</td>
<td>$3.75</td>
<td>$55.00</td>
<td>$33.0K</td>
<td>706</td>
<td style="text-align: right;">109</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$4.0</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$45.00</td>
<td>$31.9K</td>
<td>98</td>
<td style="text-align: right;">84</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/07/24</td>
<td>$1.61</td>
<td>$1.58</td>
<td>$1.58</td>
<td>$54.00</td>
<td>$31.6K</td>
<td>1.3K</td>
<td style="text-align: right;">488</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<h3>Where Is Cameco Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,651,017, the price of CCJ is up by 1.46%, reaching $55.07.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 55 days from now.</li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Cameco Unusual Options Activity For June 06

AESI

CIVI

CLNE

LBRT

MTDR

NCSM

PNRG

PTEN

TALO

WFRD

Shares of several oil & gas companies are trading lower following an OPEC+ meeting in which members said they would start phasing out voluntary production cuts in October.

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Cameco</strong>.</p>
<p>Looking at options history for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) we detected 9 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 55% with bearish.</p>
<p>From the overall spotted trades, 4 are puts, for a total amount of $214,708 and 5, calls, for a total amount of $323,260.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $42.0 and $53.0 for Cameco, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Cameco's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Cameco's significant trades, within a strike price range of $42.0 to $53.0, over the past month.</p>
<h3>Cameco 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1717079534_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$20.0</td>
<td>$17.75</td>
<td>$18.9</td>
<td>$45.00</td>
<td>$177.6K</td>
<td>564</td>
<td>132</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$0.65</td>
<td>$0.52</td>
<td>$0.6</td>
<td>$47.00</td>
<td>$82.6K</td>
<td>5.0K</td>
<td>5.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$0.6</td>
<td>$0.36</td>
<td>$0.6</td>
<td>$47.00</td>
<td>$66.4K</td>
<td>5.0K</td>
<td>2.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$20.0</td>
<td>$18.9</td>
<td>$18.9</td>
<td>$45.00</td>
<td>$47.2K</td>
<td>564</td>
<td>30</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$16.2</td>
<td>$16.05</td>
<td>$16.1</td>
<td>$42.00</td>
<td>$40.2K</td>
<td>1.4K</td>
<td>0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Cameco</h3>
<ul>
<li>With a volume of 589,739, the price of CCJ is up 1.0% at $54.88. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 62 days.</li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Cameco, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


What the Options Market Tells Us About Cameco

<p><strong>Uranium Energy</strong> (AMEX:UEC) is expected to report year-over-year improvement in both revenues and earnings in its upcoming third-quarter fiscal 2024 results.<br />
The Zacks Consensus Estimate for revenues is pegged at $21 million, indicating 3.9% growth from the year-ago quarter&#39;s actual. The consensus estimate for earnings is 1 cent per share, which indicates a solid improvement from a loss of 2 cents per share reported in the third quarter of fiscal 2023.&nbsp; The estimate has remained unchanged over the past 30 days.</p>
<h3>Q2 Performance</h3>
<p>In the last reported quarter, Uranium Energy reported declines in both its top and bottom lines. Revenues were $0.12 million, which were down 100% year over year and missed the Zacks Consensus Estimate. Revenues only reflected toll processing services revenues as the company did not sell any of its purchased uranium inventory.&nbsp; Notably, sales of uranium inventory had resulted in revenues of $47.8 million in the year-ago quarter, while revenues from toll processing services were $0.09 million.<br />
Uranium Energy reported second-quarter adjusted earnings per share of 1 cent, which was in line with the Zacks Consensus Estimate. The bottom line marked a 67% plunge from the earnings per share of 3 cents in the year-ago quarter.<br />
UEC&#39;s earnings have matched the consensus estimate in two of the trailing four quarters while surpassing on one occasion and missing in one quarter. The company has delivered an average surprise of 33.3% over the trailing four quarters.</p>
<div class="chart_embed">
<h3>Uranium Energy Corp. Price and EPS Surprise <a href="https://www.zacks.com/stock/chart/UEC/price-eps-surprise?icid=chart-UEC-price-eps-surprise"> <img alt="Uranium Energy Corp. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/d1/1716467288.png" style="height:308px; width:620px" title="" /> </a></h3>
<p>Uranium Energy Corp. price-eps-surprise | Uranium Energy Corp. Quote</p>
</div>
<h3>Factors to Note</h3>
<p>Uranium Energy is primarily engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium projects located in the United States, Canada and the Republic of Paraguay.&nbsp; The company has established the existence of mineralized materials for certain uranium projects, including the Palangana Mine, Christensen Ranch Mine (collectively the ISR Mines), Roughrider and Christie Lake Project. UEC has, however, not yet established proven or probable reserves. Despite commencing uranium extraction at its ISR Mines, it remains in the &quot;Exploration Stage&quot; (as defined by the United States Securities and Exchange Commission) and will continue to remain so until proven or probable reserves have been established.<br />
The Palangana Mine had been Uranium Energy&#39;s sole source of revenues from the sales of produced uranium from fiscal 2012 to fiscal 2015. The company has not generated revenues from the sales of produced uranium since fiscal 2016 as it continues per its strategic plan to operate Palangana Mine and Christensen Ranch Mines at a reduced pace.&nbsp; It intends to defer major pre-extraction expenditures and maintain a state of operational readiness in anticipation of a recovery in uranium prices.<br />
The company had earlier stated that it would sell its purchased uranium inventory through the uranium spot market. At the end of the fiscal second quarter, the company held 1,166,000 pounds of purchased uranium concentrate inventory. Uranium spot prices had been above $100 per pound in early February. Spot prices had averaged around $90.60 per pound in the February-April period, 76% higher than year-ago levels.<br />
In the third quarter of fiscal 2023, the company generated revenues of $20 million from sales of purchased uranium inventory while revenues from toll processing services were $0.1 million. The Zacks Consensus Estimate of $21 million for third-quarter fiscal 2024 revenues suggests that the company is likely to have sold some of its purchased uranium inventory to take advantage of the higher prices.<br />
While the company maintains state operational readiness, uranium extraction expenditures continue to be incurred at ISR Mines, which are directly related to regulatory/mine permit compliance, lease maintenance obligations and maintenance of a necessary labor force. The company is expected to have incurred mineral property expenditures primarily consisting of costs relating to permitting, property maintenance, exploration and pre-extraction activities and other non-extraction-related activities on its mineral projects.</p>
<h3>What Our Zacks Model Indicates</h3>
<p>Our proven model does not conclusively predict an earnings beat for Uranium Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.<br />
<strong>Earnings ESP</strong>: The Earnings ESP for Uranium Energy is 0.00%.<br />
<strong>Zacks Rank</strong>: UEC currently carries a Zacks Rank of 3.</p>
<h3>Price Performance</h3>
<p>Uranium Energy&#39;s shares have appreciated 153% in the past year compared with the industry&#39;s 21.4% growth.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/83/67357.jpg?v=1459776855" /><br />
Image Source: Zacks Investment Research</p>
<h3>Peer Performances</h3>
<p><strong>Cameco </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccj#NYSE">CCJ</a>) reported revenues of $470 million in the first quarter (ended Mar 31, 2024), which were down 8% year over year. Adjusted earnings per share plunged 52% to 10 cents, which missed the Zacks Consensus Estimate of 33 cents.<br />
In the uranium segment, Cameco produced 5.8 million pounds (its share), a 29% increase from the 4.5 million pounds (our share) in the year-ago quarter. Sales volumes were down 25% year over year to 7.3 million pounds. The average realized uranium price rose 27% to $57.57 per pound.<br />
<strong>Energy Fuels</strong> (AMEX:UUUU) reported first-quarter 2024 earnings of 2 cents per share, in line with the Zacks Consensus Estimate. UUUU had reported a loss per share of 1 cent in the year-ago quarter.</p>
<p>Revenues were $25.43 million, which fell short of the consensus estimate of $26 million. This compares with year-ago revenues of $19.61 million. Energy Fuels sold 300,000 pounds of uranium concentrates at a weighted average price of $84.38 per pound for $25.31 million, which resulted in a gross profit of $14.26 million and an average gross margin of 56%.</p>
<h3>A Stock Likely to Deliver Earnings Beat</h3>
<p>Here is a stock with the right combination of elements to post an earnings beat in its upcoming release.<br />
<strong>Abercrombie &amp; Fitch</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anf#NYSE">ANF</a>) presently has an Earnings ESP of +4.48% and a Zacks Rank of 2.<br />
The company is likely to register growth in the top and bottom lines when it reports first-quarter results on May 29. The Zacks Consensus Estimate for ANF&#39;s quarterly revenues is pegged at $948.8 million, which suggests 13.5% growth from the figure reported in the prior-year quarter.</p>
<p>The consensus mark for ANF&#39;s quarterly earnings has moved up 6% in the past 30 days to $1.62 per share. The consensus estimate suggests growth of 315% from the year-ago quarter&#39;s actual.</p>
<p><a href="https://www.zacks.com/stock/news/2277960/uranium-energy-uec-to-report-q3-earnings-what-s-in-store?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2277960">To read this article on Zacks.com click here.</a></p>


Uranium Energy to Report Q3 Earnings: What's in Store?

AROC

EURN

TRGP

VIST

Shares of oil and gas stocks are trading lower amid a drop in the price in crude.

Offerings

On Tuesday May 21, 2024, Cameco Announced A $500M Debenture Offering By Private Placement

Shares of uranium stocks are trading higher. It was reported last week the US will offer up to $3.4 billion for domestic uranium enrichment.

Shares of uranium stocks are trading higher on reports the US will offer up to $3.4 billion for domestic uranium enrichment. Biden also recently signed a bill banning Russian uranium imports.

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Cameco</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 21 options trades for <strong>Cameco</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 66% bullish and 23%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $29,700, and 20, calls, for a total amount of $1,684,061.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $41.0 to $55.0 for Cameco over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Cameco options trades today is 2634.22 with a total volume of 53,175.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $41.0 to $55.0 over the last 30 days.</p>
<h3>Cameco Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715958087_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/14/24</td>
<td>$1.33</td>
<td>$1.13</td>
<td>$1.3</td>
<td>$53.00</td>
<td>$520.0K</td>
<td>21</td>
<td>4.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/14/24</td>
<td>$2.04</td>
<td>$1.97</td>
<td>$2.05</td>
<td>$53.00</td>
<td>$102.5K</td>
<td>21</td>
<td>4.6K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.54</td>
<td>$1.54</td>
<td>$1.54</td>
<td>$55.00</td>
<td>$77.0K</td>
<td>16.1K</td>
<td>4.5K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.54</td>
<td>$1.44</td>
<td>$1.5</td>
<td>$55.00</td>
<td>$76.3K</td>
<td>16.1K</td>
<td>5.6K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.55</td>
<td>$1.44</td>
<td>$1.51</td>
<td>$55.00</td>
<td>$75.5K</td>
<td>16.1K</td>
<td>4.0K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cameco</h3>
<p>Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.</p>
<p>After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Cameco's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,868,621, the CCJ's price is up by 5.22%, now at $52.43. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 75 days.</li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cameco with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Unpacking the Latest Options Trading Trends in Cameco

Macro Economic Events

Contracts

Economics

U.S. To Offer Up To $3.4B For Domestic Uranium Enrichment; U.S. Uranium Funding To Be Available As Soon As June

Denison Mines Corp.'s Innovative Management Makes It A Buy

Cameco (TSE:CCO) has released an update. Cameco, in partnership with SaskPower and Westinghouse, has signed an MOU to assess the viability of advan...

Cameco Explores Nuclear Energy Opportunities in Saskatchewan

Cameco, Westinghouse, Saskatchewan Power to explore nuclear technology potential

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Are nuclear stocks the next big thing in green energy investing? Recent developments certainly point to that prospect as the alternative energy source attracts increasing legislative and consumer attention &mdash; even as sustainable solutions like electric vehicles increasingly fall out of favor.</p>



<p><a href="https://world-nuclear.org/information-library/current-and-future-generation/nuclear-power-in-the-world-today">Nuclear energy</a> is already the world&rsquo;s second-most productive low-carbon energy source, supplying 26% of the world&rsquo;s total low-carbon power and 10% of the world&rsquo;s net energy output. More relevant to these nuclear stocks to buy, though, are recent tailwinds in the U.S. propelling nuclear prospects higher. Specifically, the Senate <a href="https://www.epw.senate.gov/public/index.cfm/press-releases-republican?ID=23">just passed</a> the&nbsp;<em>Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act</em>,&nbsp;which aims to &ldquo;encourage more innovation and investment in nuclear technologies&rdquo; while helping regulatory agencies &ldquo;redevelop conventional energy sites for future nuclear energy projects.&rdquo;</p>



<p>Investors looking for nuclear stocks to buy likely saw these developments make waves throughout the sector but, if not, these companies stand to gain the most from a nuclear renaissance.</p>



<h2><strong>Nano Nuclear Energy</strong> (NNE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/12/nuclear-power-300x169.png" alt="A vector image of nuclear power reactors, power lines and a lightbulb. nuclear energy stocks"><div>Source: LuckyStep / Shutterstock</div></div><p><strong>Nano Nuclear Energy</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/nne-stock-quote/"><strong>NNE</strong></a>) is already the top nuclear stock to buy if you don&rsquo;t mind a bit of operational speculation and can stomach some volatility moving forward. Shares already doubled since debuting on stock exchanges in April, and I don&rsquo;t expect that momentum to slow soon.</p>



<p>The company&rsquo;s core R&amp;D focuses on microreactors to deploy nuclear energy to remote sites or for unique, specific use cases. In an email, company CEO James Walker told me that, &ldquo;the business model will involve deploying many microreactors&rdquo; overseen by a &ldquo;centralized location [to] monitor and control many reactors concurrently.&rdquo; This remote model accounts for security and operational concerns while ensuring that Nano Nuclear can rapidly expand its footprint to where it&rsquo;s needed most once commercialized and in full manufacturing mode.</p>



<p>Management thinks it&rsquo;ll hit <a href="https://www.zerohedge.com/energy/nano-nuclear-thinks-it-will-be-first-company-sell-microreactors-2030-target">commercialization</a> by 2030, but don&rsquo;t let the long lead time dissuade you today &mdash; the company&rsquo;s quiet period, or window in which insiders and underwriters cannot publish forecasts or reports, expired earlier this week. Expect lots more info and coverage to drop soon, but already, <a href="https://www.journaltranscript.com/2024/06/nano-nuclear-energy-inc-nne-sees-promising-outlook-with-expert-leadership-and-innovative-microreactor-development/">initial reports</a> are pinning per-share pricing forecasts in the $15 range.</p>



<h2>Brookfield Renewable Partners (BEP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/bep-1600-300x169.jpg" alt="Brookfield Renewable logo on a phone screen. BEPC stock. BEP stock."><div>Source: IgorGolovniov / Shutterstock</div></div><p>If you want a wider slice of the renewable and sustainable energy sector with nuclear energy offerings to boot, few options beat <strong>Brookfield Renewable Partners</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/bep-stock-quote/"><strong>BEP</strong></a>). This management fund holds a vast array of global sustainable energy assets, including wind, solar and hydroelectric projects, offering a broad spectrum of green investments &mdash; including an increasing foray into nuclear energy.</p>



<p>Last year, the company jointly acquired Westinghouse Electric Company, which provides 55% of the United States&rsquo; carbon-free energy and 14% of the world&rsquo;s, alongside massive uranium company <strong>Cameco</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ccj-stock-quote/"><strong>CCJ</strong></a>).</p>



<p>Beyond its nuclear inroads, Brookfield Renewable is surprisingly strong considering wider industry headwinds. In its latest quarterly <a href="https://bep.brookfield.com/sites/bep-brookfield-ir/files/Brookfield-BEP-IR-V2/2024/Q1/bep-q1-2024-press-release.pdf">report</a>, the company reported a 7.6% increase in funds from operations and maintained a dividend strategy that aims for annual increases between 5% and 9%. With a <a href="https://www.morningstar.com/stocks/xnys/bep/dividends">current dividend yield</a> of 5.5%, Brookfield Renewable offers income and growth prospects that capture the wide-ranging alternative energy sector, including nuclear.</p>



<h2>Constellation Energy (CEG)</h2>



<div><img width="300" height="165" src="https://investorplace.com/wp-content/uploads/2018/04/datacentermsn-300x165.jpg" alt="Image of a well-lit data center"><div>Source: Shutterstock</div></div><p><strong>Constellation Energy</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/ceg-stock-quote/"><strong>CEG</strong></a>) is the nation&rsquo;s largest nuclear power operator that&rsquo;s increasingly positioning itself to capture next-gen power demands: data centers.</p>



<p>A recent report points to massive data center energy demands in the coming years and more than <a href="https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/investing-in-the-rising-data-center-economy">doubling by 2030</a>. To that end, company CEO Joseph Dominguez <a href="https://carboncredits.com/constellation-energy-to-pursue-new-nuclear-power-for-data-centers/">teased the opportunity</a> Constellation faces, saying that the company is &ldquo;in advanced conversations with multiple clients, large &mdash; well-known companies that you all know &mdash; about powering their needs&rdquo; and expects to &ldquo;finalize agreements that will have long-term and transformational value.&rdquo;</p>



<p>With an already diverse energy portfolio that includes over 23,000 megawatts of capacity from nuclear, solar, wind, and hydroelectric sources, Constellation Energy is pivotal in fulfilling more than 10% of the United States&rsquo; energy requirements. Recognizing the combined financial and environmental benefits of nuclear energy, Constellation&rsquo;s leadership recently participated in a sector-wide commitment, alongside other climate pioneers, to <a href="https://www.constellationenergy.com/newsroom/2023/Constellation-Joins-Climate-Leaders-at-COP28-Signs-Industry-Pledge-to-Triple-Nuclear-Energy-by-2050.html">triple nuclear energy production</a> by 2050, highlighting its proactive approach to shaping a sustainable energy future.</p>



<p><em>On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the <a href="http://InvestorPlace.com">InvestorPlace.com</a> <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy&rsquo;s work can also be found at <a href="https://jeremyflint.work/">www.jeremyflint.work</a>.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/3-nuclear-stocks-ready-to-explode-as-the-energy-landscape-shifts/">3 Nuclear Stocks Ready to Explode as the Energy Landscape Shifts</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>With thousands of companies listed in the stock market, finding the right ones to buy becomes a challenge. It is why many investors trade on rumors picked up in internet stock chatrooms. Just look at the meme stock trading frenzy from a few years ago (or last month even).</p>



<p>Yet, investors have a better tool at their disposal. Wall Street routinely rates stocks on whether they deserve a spot in your portfolio. It is true analysts can be conflicted and push shares of companies their firms are underwriting but mainly they are taking data and analysis unavailable or not easily attainable by retail investors and offering up their opinions.</p>



<p>Sometimes it can seem no better than throwing a dart at a dart board, but reading their analyses can give you greater insight into the stock. Riding their coattails by digging deeper into their strong buy stocks can give you a leg up on the rest of the market.</p>



<p>Wall Street won&rsquo;t always get it right, but it puts you ahead of the game. That is why the three companies below deserve your attention, as they are strong buy stocks. It is a good place to begin your own due diligence.</p>



<h2>Vistra (VST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/vst-stock-1-300x169.jpg" alt="A Vistra (VST) office on display in Warsaw, Poland."><div>Source: Konektus Photo / Shutterstock.com</div></div><p>Born from the bankruptcy of Energy Future Holdings in 2015, <strong>Vistra</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/vst-stock-quote/"><strong>VST</strong></a></span>) has emerged as a solid, important renewable energy stock in the Texas market. With the growth witnessed in <a href="https://investorplace.com/2024/06/3-utility-stocks-that-are-even-hotter-ai-plays-than-nvidia/">data center construction and demand,</a> the availability of low-cost energy in the southern states sets Vistra up for significant growth.</p>



<p>In March, it acquired nuclear power generation provider Energy Harbor and <a href="https://www.prnewswire.com/news-releases/vistra-completes-energy-harbor-acquisition-302077375.html">divided its business in two.</a> Vistra Vision houses Energy Harbor&rsquo;s assets and is now the second-largest nuclear operation in the U.S. It also contains Vistra&rsquo;s renewable energy and energy storage projects. Vistra Tradition has the energy stock&rsquo;s fossil fuel fleet, with more than 20,000 MW of highly efficient natural gas generation capacity.</p>



<p>The division of the two units also primes Vistra for a potential sale or spinoff of either business in the future. In the meantime, investors are likely to see Vision growing faster than Tradition, helping to bolster its bottom line.</p>



<p>Vistra stock is up 130% so far this year and 255% higher over the last 12 months. Yet, Wall Street sees more growth to come in this strong buy stock to buy now.</p>



<h2>T-Mobile (TMUS)</h2>



<div><img width="300" height="176" src="https://investorplace.com/wp-content/uploads/2018/06/tmus-stock-300x176.jpg" alt="T-Mobile stock trades at a higher PE than its peers, possibly leaving TMUS stock at a disadvantage, despite the successes TMUS has enjoyed."><div>Source: Shutterstock</div></div><p>Telecom giant <strong>T-Mobile</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/tmus-stock-quote/"><strong>TMUS</strong></a></span>) is the largest U.S. carrier, with 21.6 million prepaid users and 99.3 million postpaid customers. It also has more people covered by its 5G network than any other carrier, with over 5 million high-speed internet customers.</p>



<p>The ongoing <a href="https://investorplace.com/2024/01/3-high-octane-growth-stocks-ready-to-hit-new-52-week-highs/">5G infrastructure rollout</a> is one of the biggest drivers of future growth for the carrier, as increased download speeds will lure more people into using their devices more often. Because carriers tend to make most of their earnings from data consumption, greater customer usage will expand profits further.</p>



<p>The postpaid average revenue per user (<span>ARPU</span>) <a href="https://s29.q4cdn.com/310188824/files/doc_financials/2024/q1/Q1-2024-Earnings-Release-vFinal.pdf">rose</a> to $48.79 compared to $48.63 last year, while prepaid ARPU declined to $37.18 from $37.98 last year. However, that&rsquo;s not as bad as it sounds. T-Mobile has been targeting enterprise customers and the government for additional growth, but they carry lower ARPU than residential customers. So. it is <a href="https://investorplace.com/2024/05/correction-collection-3-value-stocks-to-buy-when-the-nasdaq-nosedives/">increasing its volume</a> but at a slightly lower price.</p>



<p>Shares of the telecom giant are up 10% in 2024 and 35% higher over the past year. Analysts see T-Mobile&rsquo;s earnings growth accelerating over the next five years to 25% annually. That&rsquo;s a fair bit faster than the 11% growth it enjoyed over the last five years.</p>



<h2>Cameco (CCJ)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/05/uranium-hand-1600-300x169.jpg" alt="CCJ Stock: Hand in long yellow glove holding a chunk of uranium material"><div>Source: shutterstock.com/RHJPhtotoandilustration</div></div><p>Uranium prices have eased back to around $86 from a 16-year high of more than $100 a pound but they <a href="https://investorplace.com/2024/03/uranium-prices-have-tripled-3-must-own-miners-to-ride-the-surge/">remain well above the lows</a> they hit back in 2021 of just $30 a pound. That bodes well for <strong>Cameco&rsquo;s</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/ccj-stock-quote/"><strong>CCJ</strong></a></span>) bottom line.</p>



<p>Cameco is one of the world&rsquo;s largest uranium miners, with mines in Saskatchewan and the U.S.. It also has a 40% position in a joint venture with <strong>Kazatomprom</strong> (OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/natky-stock-quote/"><strong>NATKY</strong></a></span>)&nbsp;for a mine in Kazakhstan and recently acquired a 49% interest in <strong>Westinghouse Electric</strong>, one of the <a href="https://www.cameco.com/media/news/cameco-and-brookfield-complete-acquisition-of-westinghouse-electric-company">world&rsquo;s largest</a> nuclear services businesses.</p>



<p>Because of the uranium miner&rsquo;s 35-year history of doing business, it has clarity on where its business is heading at any particular time. Operating under long-term contracts with customers, it is assured of stable revenue streams.</p>



<p>Shares are up 21% year-to-date and 65% above their year-ago level. Analysts expect that to kick into overdrive, though, with earnings growth accelerating to 48% compounded annual growth from a comparatively anemic 12% growth over the past half-decade.</p>



<p><em>On the date of publication, Rich Duprey did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a></em></p>
<div><p>Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L&rsquo;Express, and numerous other news outlets.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/06/wall-street-favorites-3-stocks-with-strong-buy-ratings-for-june-2024/">Wall Street Favorites: 3 Stocks With Strong Buy Ratings for June 2024 </a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Wall Street Favorites: 3 Stocks With Strong Buy Ratings for June 2024

Cameco (TSE:CCO) has released an update. Cameco has released its 2023 Sustainability Report, highlighting its commitment to environmental progress ...

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BQSSF

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Cameco Reports Q1 Results: 2024 Outlook Remains Solid; Financial Discipline and Strong Cash Position Result in Focused Debt Reduction; Operationally, Segments Performing to Plan; Attributes of Baseload Nuclear Power Attracting Tech Sector Investment

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AAUGF

BSENF

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Screenshot 2024-02-20 at 6.29.01 PM

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SNNAF

Biden Gets Scrutinized For Excessive Reliance On Russian Uranium – Sienna Resources (OTCMKTS: SNNAF) Could Present An Alternative


Tommy TubervilleSenate (R-AL)	$1K - $15K	stock option	Purchase	Jun 14, 2024	May 07, 2024	Senate
Tommy TubervilleSenate (R-AL)	$1K - $15K	stock option	Sale	May 15, 2024	Apr 03, 2024	Senate

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Cameco Corp

top performing CCJ trades