Vivian Lewis Blog | Nuclear Vivian | Talkmarkets
Editor and founder of Global-Investing.com
Contributor's Links: Global Investing

Vivian Lewis is editor and founder of Global-Investing.com, the daily blog newsletter for Americans and others seeking to internationalize their portfolios. She brings unique experience and competence to the business of picking foreign stocks.

After graduating from Harvard magna cum ... more

Nuclear Vivian

Date: Wednesday, June 27, 2018 2:02 PM EST

*Uranium producer Cameco was downgraded yesterday by TD Securities analysts. Today financialbuzz (a PR newsletter) wrote up CCJ which it rightly said had growth in its earnings in the March qaurter from prior year.

Moreover today Steve Halpern used my article about Cameco as the lead article in the MoneyShowDigest, a respected blog, headed Today's Best Investment Ideas. So CCJ gained nearly 2%. Part of the reason is the syncrude refinery outgage which, ironically enough, uses tarsands from the Athabasca Basin, This is also where the world's largest uranium deposits are mined by Cameco.

Steve quoted my writing that “the easiest path to casrbon cutbacks is nuclear-fueled power production. Offsetting this is fear of radioactivity.. which has been greatly exaggerated.” I called Cameco “my current investment favorite, a stock which dominates its industry and whose good results are being discounted because of worries about potential risks which are being overstated.”

Finally  today TDS reiterated its C$16.50 target price for CCJ.

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.