Cameco Corporation (NYSE:CCJ) is included among the 12 Best Nuclear Power Dividend Stocks to Buy Now.
Cameco Corporation (NYSE:CCJ) is one of the largest global providers of uranium fuel to power the ongoing nuclear energy renaissance. The company has a licensed capacity of more than 30 million pounds of uranium concentrates annually, backed by more than 457 million pounds of proven and probable mineral reserves.
Cameco Corporation (NYSE:CCJ) shot up to its all-time high this week after Raymond James recently raised the stock’s price target from C$118 to C$130, while keeping an ‘Outperform’ rating on its shares. As of the writing of this piece, the share price of CCJ has surged by more than 78% since the beginning of 2025.
With nuclear energy back in the spotlight, uranium prices are up by around 25% since March. The nuclear fuel received a significant push, especially after a recent statement by US Energy Secretary Chris Wright that the country is looking to boost its strategic uranium reserves to buffer against Russian supplies.
Cameco Corporation (NYSE:CCJ) also remains committed to its shareholders and has never missed a dividend payment since its IPO in 1991.
While we acknowledge the potential of CCJ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 13 Best Nuclear Power Stocks to Buy According to Analysts and 12 Best LNG Stocks to Buy According to Hedge Funds.
Disclosure: None.