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  5. CCO: would you start buying uranium today? [Cameco Corporation]
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Investment Q&A

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Q: would you start buying uranium today? what's you're pure play on uranium? Is Cameco a buy
Asked by Gilles on February 15, 2024
5i Research Answer:

We do like uranium and think there is long term demand potential driven by the increased usage of nuclear energy. For investors looking for uranium exposure we do see CCO as a buy at current levels since it is one of the largest functioning players making it a safer option. Our favourite pure play would be NXE which is a smaller and earlier stage company at $5.5B market cap.