Is Cameco Stock a Buy Now?

Cameco (NYSE: CCJ) is a well-run business. It produces and processes uranium into the fuel that is used by nuclear power plants. And through its 50% acquisition of Westinghouse, it also provides services to the nuclear power industry. If you are interested in nuclear power, Cameco is a solid pick-and-shovel play on the sector. Is that enough to make Cameco worth buying?As noted, Cameco is a supplier to the nuclear power industry. However, it is important to understand what that really means before you buy the stock. The Westinghouse acquisition, which is a relatively small part of the overall business today, generally provides a consistent revenue stream. It was added to the company's portfolio to smooth its revenue and earnings.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool