Is Cameco stock a long-term hold on the TSX?

Cameco stock has been one of the uranium stocks soaring due to the meme stock craze. But with earnings coming up, should investors perhaps consider this a long-term hold on the TSX today? Cameco stock soared during the last year as Reddit channel WallStreetBets chose uranium as its next target.

What is the price of Cameco Corporation common stock?

Common shares of Cameco Corporation 9.40% per annum $21.71 $16.28, which is 75% of Initial Price 48126B137 US48126B1373 Common stock of Prudential Financial, Inc.

Will Cameco’s share price go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Cameco. Over the past six months, its share price has outperformed the Toronto Stock Exchange 300 Composite Index by +28.84%.