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Cameco Corporation (CCO $113.12)
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Global X Uranium ETF (URA $44.72)
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Sprott Uranium Miners ETF (URNM $56.13)
Q: Hello Peter
Our PM plans to build a nuclear reactor in Ontario
I have a small position in CCO, has done well,
like to slowly accumulate
what is a good entry price for CCO ? Sept/Oct usually has volatility
in the stock market, I am patient,
thanks; also could suggest an ETF for Uranium stocks to follow for
my education
many thanks
Michael
Our PM plans to build a nuclear reactor in Ontario
I have a small position in CCO, has done well,
like to slowly accumulate
what is a good entry price for CCO ? Sept/Oct usually has volatility
in the stock market, I am patient,
thanks; also could suggest an ETF for Uranium stocks to follow for
my education
many thanks
Michael
5i Research Answer:
We can suggest URA for an ETF (note it does have a 20% position in CCO). Alternatively, URNM (17% CCO). We think with patience $105 looks good for CCO.