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  5. CCO: Cameco at 52 week high would you add here ? [Cameco Corporation]
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Q: Cameco at 52 week high would you add here ? thoughts ?

Greg
Asked by Greg on August 14, 2023
5i Research Answer:

Uranium, and CCO, tends to trade on momentum. It has lots of cash, good cash flow and EPS is expected to more than double next year. We cannot comment on position sizes but we would be comfortable buying today. Note it is not cheap but if growth comes through as expected it could still do well. 

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