This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cameco Shines as the Go-To Uranium Producer

Stocks in this article: CCJ

Editor's note: Jim Cramer told viewers of his "Mad Money" TV show on Tuesday that Intuitive Surgical (ISRG) and Potash (POT) are two ugly ducklings set to become beautiful swans. Here's another stock with those same characteristics.

NEW YORK ( TheStreet) -- An "ugly duckling" stock can turn into a "swan" while few are noticing. What investors want to avoid are the "Black Swans," but I think we should embrace all swans as long as they don't lead to a "swan song."

One emerging swan is Cameco, (CCJ), one of the crown jewels of the nuclear-energy realm.

Cameco wants to remain a dominant nuclear-energy company by increasing its annual uranium supply to meet growing worldwide demand.

Much of the world still depends on nuclear energy for electrical power, and the Environmental Protection Agency calls nuclear energy a "clean energy" and a reliable source.

According to the Department of Energy, nuclear power accounts for about 20% of electricity production in the U.S. and more than 100 nuclear generating units are in operation in the country. The EPA says uranium is an essential element to nuclear power.

Nuclear power is still a controversial subject and exceeds the scope of this article. My point is that uranium keeps the process going.

The Fukushima, Japan disaster that followed the major earthquake off the coast of Japan in March 2011 triggered worldwide fears about the safety of nuclear-power plants. That in turn caused the cancellation and closures of plants in Europe and the U.S., and led to a meltdown in uranium mining and producing stocks which can be seen in this five-year chart of Cameco. CCJ Chart CCJ data by YCharts

After Fukushima, shares of Cameco plunged from around $43 to below $17, although the trailing 12-month (TTM) revenue per share continued to rise. As you can see on the chart above, it has had two spikes higher, while Cameco shares have traded in a narrow range over the past 12 months.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs