Cameco Corp (CCJ): Today's Featured Metals & Mining Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Cameco ( CCJ) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 0.9%. By the end of trading, Cameco rose $1.13 (4.9%) to $24.03 on average volume. Throughout the day, 4,110,299 shares of Cameco exchanged hands as compared to its average daily volume of 2,746,700 shares. The stock ranged in a price between $22.83-$24.11 after having opened the day at $22.90 as compared to the previous trading day's close of $22.90. Other companies within the Metals & Mining industry that increased today were: China Gengsheng Minerals ( CHGS), up 30.4%, Tonix Pharmaceuticals ( TNXP), up 11.1%, Tasman Metals ( TAS), up 9.9% and Uranium Resources ( URRE), up 8.7%.

Cameco Corporation produces and sells uranium worldwide. The company operates through four segments: Uranium, Fuel Services, Electricity, and NUKEM. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Cameco has a market cap of $9.1 billion and is part of the basic materials sector. Shares are up 10.3% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Cameco a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cameco as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, James River Coal Company ( JRCC), down 9.3%, Eurasian Minerals ( EMXX), down 4.6%, Ossen Innovation ( OSN), down 4.2% and Schnitzer Steel Industries ( SCHN), down 3.5% , were all laggards within the metals & mining industry with Cliffs Natural Resources ( CLF) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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