Is it Too Late to Buy Cameco Stock?
After a powerful run this month, Cameco is proving that the nuclear energy boom might just be getting started.
Cameco (TSX:CCO) is currently among the top-performing TSX stocks of the month, surging nearly 28% so far in October. On October 28 alone, CCO stock jumped nearly 23% to $148.98 per share, extending its year-to-date gains to around 102%.
The sharp rally in Cameco stock earlier this week was mainly due to a massive nuclear energy partnership in the United States, as its 49% stake in Westinghouse is turning out to be a game-changer.
On October 28, the company announced a historic agreement with the U.S.
A massive leap for a large-cap stock that’s already had a strong year.
Author's summary: Cameco stock surges due to nuclear energy partnership.
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