The uranium miner is heading into the week just finished.
This stock was rare: It posted a double digit gain in 2022. One deal made those gains disappear—and created a buying opportunity.
At first glance, there didn’t seem to be all that much that was controversial about the joint venture Cameco (ticker: CCJ) announced this past Tuesday. Together with
Brookfield Renewable Partners
Cameco has agreed to purchase Westinghouse Electric (a servicer to nuclear power stations) for $7.88billion, including debt. Cameco will hold 49% in the joint venture after the deal is closed.