Investors in Cameco (NYSE: CCJ) have experienced a significant stock increase of 63% this year and over 251% in three years, driven by a resurgence in nuclear energy. The U.S. government is heavily investing in nuclear infrastructure to address rising energy demands. Currently, Cameco’s stock is 24% below its 52-week high, trading under $90. As nuclear energy gains traction, potential buyers are evaluating the company’s long-term prospects at this price point.
