Why Cameco Is Poised to Keep Rebounding
With that in mind, let's take a closer look at Cameco and see what CAPS investors are saying about the stock right now.
Saskatoon, Canada (1987)
Coal and consumable fuels
CEO Timothy Gitzel (since 2011)
CFO Grant Isaac (since 2011)
Return on Equity (average, past 3 years)
$588.3 million / $1.4 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 98% of the 1,820 members who have rated Cameco believe the stock will outperform the S&P 500 going forward.
Just yesterday, one of those Fools, All-Star TMFWillSommers, succinctly summed up the Cameco bull case for our community: "High-grade, low-cost producer. Uranium supply/demand dynamics should drive prices higher over the next 3-5 years, especially as Japan restarts nuclear and additional Chinese and Indian generators come online."
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The article Why Cameco Is Poised to Keep Rebounding originally appeared on Fool.com.Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.