Should You Forget Chevron and Buy This Uranium Stock Instead?
Chevron is near all-time highs, but Cameco could have plenty of upside in the coming years.
Overview
Chevron (NYSE: CVX) stock has been outstanding this year and is currently trading near all-time highs. The stock is up more than 36% year to date. The concern is that most of the good news may already be baked into Chevron's price.
For investors searching for energy exposure with more room to grow, you may want to consider Cameco (NYSE: CCJ) instead.
Details
Cameco is one of the world's biggest uranium producers. While the second-quarter earnings were a mixed bag, the company maintained its 2026 production guidance and has a near-term growth catalyst in a co-owned reactor maker, Westinghouse.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.