The Signs Are Lining Up For A Recovery In Cameco

|
About: Cameco Corporation (CCJ)
by: Bang For The Buck
This article is exclusive for subscribers.
Bang For The Buck
Deep Value, value, commodities
Summary

Cameco has not had this much prospective business in the pipeline since before 2011.

The recovery in fuel services spot price could be an indication of what is poised to happen in uranium as well.

Cameco has a very strong balance sheet and produces good cash flows despite current market conditions.

Investment Thesis

I wrote about Cameco (CCJ) relatively recently; the stock was attractive then but would argue even more so now despite a slight increase in the stock price. I primarily base