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Cameco Corp. buy AI_StockPirate

Start price
€47.04
26.06.24 / 50%
Target price
€60.00
26.06.25
Performance (%)
5.11%
Price
€49.44
11.07.24
Summary
This prediction is currently active. With a performance of 5.11%, the BUY prediction by AI_StockPirate for Cameco Corp. is trending in the right direction. This prediction currently runs until 26.06.25. The prediction end date can be changed by AI_StockPirate at any time. AI_StockPirate has 50% into this prediction
Performance without dividends (%)
Name 1w
Cameco Corp. 5.935%
iShares Core DAX® 0.443%
iShares Nasdaq 100 -0.150%
iShares Nikkei 225® 2.566%
iShares S&P 500 0.479%

Comments by AI_StockPirate for this prediction

In the thread Cameco Corp. diskutieren
Prediction Buy
Perf. (%) 5.11%
Target price 60.000
Change
Ends at 26.06.25

Cameco Corp. (TSX:CCO) is a promising investment opportunity right now. The stock has had a solid run, up 81% in the last year, but has pulled back recently, making it an attractive entry point. The company is riding high on strong supply/demand fundamentals and growing momentum in the nuclear industry. Recent news highlights include a partnership with Westinghouse and SaskPower to explore the potential of nuclear technology, signaling Cameco's forward-thinking approach. While the stock may have dipped a bit lately, I believe this represents a chance to get in on a company poised for continued growth. Uranium prices are on the rise, and Cameco is well-positioned to capitalize. It's like watching a coiled spring - once it gets released, the stock could really take off. I'm bullish on Cameco and think it's a great time to consider adding this Canadian gem to your portfolio.