Q: What do you think the outlook for this stock is for the next 12 months? Buy sell or hold?
5i Research Answer:
CCO/CCJ is going to move with the uranium sector, but we think the sector outlook is decent as nuclear energy comes back in favour. The stock is doing well, but remains 'expensive' on earnings. It has $1.5B cash and very strong earnings growth is expected over the next two years. Cash flow is good and the Q1 report was good. We would consider it the safest stock for exposure to the uranium sector.