1. I selected Cameco as my top stock pick for the decade in January 2020, with its stock price rising by about 560% since then. 2. CCJ stock has surged over 100% in the past year, but its current valuation exceeds its solid revenue and earnings growth prospects. 3. The company's production and revenue growth are robust, but its forward P/E ratio of over 90 is difficult to justify without significant future uranium price increases. I plan to actively trade CCJ, taking profits as it reaches new all-time highs and buying dips.
Related Articles
- Ed Sees The Greenland Opportunity2 months ago
- As IPOs Make A Comeback, Is It Time To Invest?2 months ago
- SoFi Technologies: Don't Overthink It - Accumulate More While You Still Can2 months ago
- Alphabet: 2 Reasons To Buy The Dip In This Incredible Long-Term Compounder (Rating Upgrade)2 months ago
- Higher High, Lower High; AMD Is A Buy2 months ago
- SoFi Technologies: Don't Let This Steep Selloff Go To Waste (Rating Upgrade)2 months ago
- Nebius: A 10x AI Growth Story Still Flying Under Wall Street's Radar2 months ago
- Sibanye Stillwater: Possibly Overbought After Its Latest Surge2 months ago
- Astera Labs: There Are Signs Of A Bottom (Technical Analysis) (Rating Upgrade)2 months ago
- Microsoft: 5 Reasons Why The Stock Is Now A Strong Buy3 months ago