Prediction: Cameco Will Soar Over the Next 10 Years. Here's 1 Reason Why.
Energy policy, particularly regarding renewables and nuclear energy, tends to behave like an oil tanker; it takes a long time to turn around, but when it does, it gains significant momentum.That's how investors might view investing in the nuclear industry, particularly a company like Cameco (NYSE: CCJ), which specializes in uranium, fuel services, and nuclear power technology and services. Here's why the stock makes sense for long-term investors now.This may seem like a peculiar argument, but hear me out. Nuclear power will grow precisely because policymakers will continue to favor investment in renewables. The argument rests on the idea that atomic power complements renewable power.Continue reading
Energy policy, particularly regarding renewables and nuclear energy, tends to behave like an oil tanker; it takes a long time to turn around, but when it does, it gains significant momentum.
That's how investors might view investing in the nuclear industry, particularly a company like Cameco (NYSE: CCJ), which specializes in uranium, fuel services, and nuclear power technology and services. Here's why the stock makes sense for long-term investors now.
This may seem like a peculiar argument, but hear me out. Nuclear power will grow precisely because policymakers will continue to favor investment in renewables. The argument rests on the idea that atomic power complements renewable power.
