SRPP New Idea: CCJ

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Power Plays New Idea: XBI + Update on AMZN
October 28, 2024

By Scott Redler

Name: Cameco

Ticker: CCJ

Price: $51.26

Needs to Hold: $44 to $47

Price Objective 1: N/A

Price Objective 2: N/A

Leading uranium play Cameco (CCJ) has retraced from its $58.72 high back to the $50 area, which looks like a great opportunity.

So I'm making it a Power Play here.

Uranium names are tricky by nature but this looks ready to rebound.

-Scott

Scott Redler Positions Disclosure as of 2024-11-06 at 1.05.13 PM

Disclosures

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Power Plays New Idea: XBI + Update on AMZN October 28, 2024

By Scott Redler

Power Plays New Idea: XBI + Update on AMZN
October 28, 2024