Bernstein Reiterates a Buy Rating on Cameco Corporation (CCJ)

Cameco Corporation (NYSE:CCJ) is one of the best stocks to invest in right now. In a report released on September 18, Bob Brackett from Bernstein reiterated a Buy rating on Cameco Corporation (NYSE:CCJ) and set a price target of $74.00.

Cameco Corporation (NYSE:CCJ) reported strong consolidated financial performance for fiscal Q2 2025 and the first six months of 2025. It reported adjusted net earnings of $308 million, net earnings of $321 million, and adjusted EBITDA of $673 million, all considerably higher than in fiscal Q2 2024.

Management attributed the performance to increased equity earnings from its investment in Westinghouse and strong performance in its uranium and fuel services segments.

Cameco Corporation (NYSE:CCJ) provides uranium and operates through the Uranium and Fuel Services segments. The Uranium segment explores, mines, purchases, and sells uranium concentrate, while the Fuel Services segment undertakes the refining, conversion, and fabrication of uranium concentrate, along with the sale and purchase of conversion services.

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Disclosure: None. This article is originally published at Insider Monkey.