Cameco Corporation Stock Continues to Climb. But Is the Growth Path Sustainable?
Cameco's stock has some big tailwinds to support it, but as a commodity business, investors need to tread with caution. Cameco's (CCJ 0.95%) share price has roughly doubled in value over the past year. Much of that gain has taken place since a rally started in April. Can Cameco's shares continue to rocket higher, or should investors be worried about the potential for a deep pullback? Here's a look at each side of the investment coin. The good news about Cameco Cameco serves the needs of the nuclear power in ...