Ultime notizie per Cameco (NYSE:CCJ) Azioni

Cameco

Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.

Cameco Corp

CAMECO ORD

WIIM

Cameco shares are trading higher after the company raised its FY24 revenue guidance.

We continue to expect strong cash flow generation. Due to the continued strengthening of the US dollar, we have updated our exchange rate assumption to reflect the average rate year-to-date in 2024 of $1.00 (US) for $1.35 (Cdn) (previously $1.00 (US) for $1.30 (Cdn)). As a result, our expected uranium average realized price increased to $77.80 per pound (previously $74.70 per pound), driving up several financial outlook metrics, including estimated consolidated revenue for the year, which is now expected to be about $3.01 billion to $3.16 billion (previously $2.85 billion to $3.0 billion), and our outlook for our share of Westinghouse's 2024 adjusted EBITDA, which is now expected to be between $460 million and $530 million (previously $445 million to $510 million).&nbsp;

News

Guidance

Cameco Raised FY24 Guidance For FY24 Revenue To $3.01B-$3.16B (From $2.85B-$3B) Vs $2.99B Estimate

Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.25 by 104 percent. The company reported quarterly sales of $721.000 million which missed the analyst consensus estimate of $741.356 million by 2.75 percent. This is a 68.21 percent increase over sales of $428.622 million the same period last year.

Earnings

Earnings Misses

Cameco Q3 2024 Adj. EPS $(0.01) Misses $0.25 Estimate, Sales $721.000M Miss $741.356M Estimate

Deep-pocketed investors have adopted a bullish approach towards Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CCJ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Cameco. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 58% leaning bullish and 25% bearish. Among these notable options, 3 are puts, totaling $115,334, and 9 are calls, amounting to $533,065.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $47.0 to $70.0 for Cameco over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Cameco's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cameco's whale activity within a strike price range from $47.0 to $70.0 in the last 30 days. 
<h3>Cameco Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730911539_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$0.8</td>
<td>$0.76</td>
<td>$0.79</td>
<td>$56.00</td>
<td>$157.7K</td>
<td>536</td>
<td>2.5K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$12.3</td>
<td>$11.85</td>
<td>$11.85</td>
<td>$60.00</td>
<td>$109.0K</td>
<td>230</td>
<td>120</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$5.45</td>
<td>$5.3</td>
<td>$5.3</td>
<td>$47.00</td>
<td>$56.7K</td>
<td>5</td>
<td>108</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$16.0</td>
<td>$14.9</td>
<td>$15.74</td>
<td>$50.00</td>
<td>$51.9K</td>
<td>224</td>
<td>34</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$8.65</td>
<td>$8.55</td>
<td>$8.65</td>
<td>$50.00</td>
<td>$43.2K</td>
<td>3.2K</td>
<td>54</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
Following our analysis of the options activities associated with Cameco, we pivot to a closer look at the company's own performance.
<h3>Cameco's Current Market Status</h3>
<ul>
<li>With a volume of 2,688,836, the price of CCJ is down -2.76% at $51.05. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 1 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Cameco, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Cameco Options Trading: A Deep Dive into Market Sentiment

Once sidelined in favor of renewable sources, Goldman Sachs analysts suggest we are in the &#8220;early stages of <a href="https://www.benzinga.com/topic/nuclear-energy">nuclear renaissance in the U.S.&#8221;</a> 
Growing support from governments and major investments from tech giants like Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) are driving the momentum. 
<h3 class="wp-block-heading">Nuclear Power's Growing Role In Data Center Energy Demand</h3>
Goldman Sachs analysts, led by Brian Singer, highlight the mounting pressures of data center power needs, which they estimate will grow 165% by 2030 compared to 2023 levels.
This surge in demand is motivating &#8220;Big Tech&#8221; to diversify power sources, with a notable shift towards nuclear energy. 
&#8220;We continue to see Big Tech taking an all-in approach to sourcing power and pursuing low-carbon solutions,&#8221; Singer stated. 
He added, "While we continue to assume renewables will meet only 40% of data center power demand growth through 2030, we see potential for a significant rise in nuclear's share in the 2030s."
The limitations of renewable energy sources like solar and wind, which require substantial land, have made nuclear a compelling alternative. According to Singer, natural gas and nuclear require a much more modest acreage footprint versus utility-scale solar.
See Also: <a href="https://www.benzinga.com/markets/esg/24/05/38759168/solar-is-leaving-wind-in-the-dust-as-world-renewable-energy-hits-new-high">Solar Is Leaving Wind In The Dust As World Renewable Energy Hits New High</a>
<h3 class="wp-block-heading">Small Modular Reactors (SMRs) On The Rise</h3>
The development of Small Modular Reactors (SMRs), which are more compact and versatile than traditional reactors, is at the center of this nuclear resurgence. 
Hyperscale cloud providers, including Google, Amazon, and Microsoft, have already signed multiple contracts for SMR technology, aiming to power their expanding data centers with low-carbon, reliable energy.
"The prospects of more localized, onsite low-carbon reliable power has led to a surge in contracting by hyperscalers to support the development of small modular nuclear reactors,&#8221; the analysts wrote. 
Beyond SMRs, large-scale nuclear projects are also gaining momentum. 
Constellation Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NYSE">CEG</a>) recently announced it would bring back online a dormant unit at the Three Mile Island plant, backed by a "take-or-pay" power contract with Microsoft. 
According to the Goldman Sachs report, this could be just the beginning, with "potential for approximately two additional plants to be brought online in the U.S." over the next several years.
"Recognition of accelerated power demand growth from utilities is leading to greater willingness to consider new large-scale reactors," said Singer.
<h3 class="wp-block-heading">Governments Rethink Nuclear Amidst Energy Security Concerns</h3>
The policy landscape around nuclear energy is also shifting as countries worldwide seek stable and sustainable energy sources. "We're seeing greater support by governments across the globe," said Singer. 
"Switzerland is reconsidering nuclear, there's bipartisan support in the U.S., and even Australia's opposition party has proposed integrating nuclear into the country's energy mix." 
He indicated that at COP28, there was a global agreement to triple nuclear capacity by 2050—a significant signal that the nuclear narrative is changing.
<h3 class="wp-block-heading">Uranium Sourcing Challenges</h3>
Uranium sourcing remains a complex issue, with nearly half of global uranium supply controlled by China, Russia, and Kazakhstan. 
In contrast, Europe and the Americas source about 30% of uranium production, hold 56% of conversion capacity, and 41% of enrichment capacity. 
"We expect greater clarity on rules and confidence surrounding uranium sourcing will be key to moving forward with a meaningful ramp-up in nuclear generation capacity in the U.S. and Europe," Singer explained.
<h3 class="wp-block-heading">Cameco Corporation Positioned To Benefit From Nuclear Revival</h3>
Among the companies poised to benefit from this nuclear revival, Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) stands out as the key gainer according to Goldman Sachs. 
"We see Cameco's positioning across the entirety of the fuel cycle as a key driver underpinning our constructive view on the stock," said Singer.
Cameco&#8217;s operations span mining, conversion, enrichment, and fuel fabrication. Goldman Sachs suggests the company is well-positioned to support both traditional and emerging nuclear energy applications.
The investment bank holds a &#8216;Buy&#8217; rating on the stock, with a 12-month price target of $61. This implies a 20% rally from current market levels.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41720723/tesla-vs-nvidia-stock-performance-under-biden-might-reveal-truth-about-elon-musks-support-for-tr">Tesla Vs. Nvidia Stock Performance Under Biden Might Reveal Truth About Elon Musk&#8217;s Support For Trump</a></li>
</ul>
Image: Shutterstock

Analyst Color

Large Cap

Macro Economic Events

Econ #s

Economics

Tech

AMZN

GOOGL

MSFT

Goldman Sachs Sees 'Early Stages Of Nuclear Renaissance In US:' Analysts Highlight Top Stock Poised To Benefit From Data Centers' Energy Demand

Nuclear stocks are trading lower across the board on Monday after regulators rejected Talen Energy Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NASDAQ">TLN</a>) plans to increase power for an Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) <a href="https://www.benzinga.com/pressreleases/24/11/g41704326/talen-energy-statement-on-ferc-order-rejecting-susquehanna-isa">data center</a>. 
What Happened: The Federal Energy Regulatory Commission (FERC) on Friday rejected Talen Energy&#8217;s request to increase how much power its Susquehanna nuclear plant in Pennsylvania can provide to Amazon Web Services.
According to a CNBC <a href="https://www.cnbc.com/2024/11/04/tech-partnerships-with-power-companies-for-ai-in-doubt-after-ferc-order.html">report</a>, Talen Energy sold a data center campus to Amazon in March for $650 million. The company had filed a request to increase the power dispatched to the facility from 300 megawatts to 480 megawatts, but FERC shot it down, saying the arrangement could have &#8220;huge ramifications&#8221; on grid reliability and consumer costs. 
Talen issued a statement in response to the order rejecting its amended plans, saying it believes FERC &#8220;erred&#8221; in its decision. The company noted that it&#8217;s evaluating its options with a focus on commercial solutions. 
&#8220;We believe this ISA amendment is just and reasonable and in the best interest of consumers. FERC&#8217;s decision will have a chilling effect on economic development in states such as Pennsylvania, Ohio, and New Jersey,&#8221; the company said in the statement.
Talen noted that the existing agreement allows for 300 MW of co-located load at Susquehanna. Despite the rejected amendment, Talen said it can still proceed with development of the first phases of the Amazon Web Services data center campus using the 300 MW while it continues to pursue approval of an amended agreement. 
See Also: <a href="https://www.benzinga.com/news/24/11/41703497/iran-flexes-nuclear-muscle-threatens-us-with-tooth-breaking-retaliation">Iran Flexes Nuclear Muscle, Threatens US With &#8216;Tooth-Breaking&#8217; Retaliation</a>
Several nuclear stocks are falling Monday after rallying over the past month. Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) and Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) were down 10.5% and 2.2%, respectively, in sympathy with Talen.
Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>), which is chaired by OpenAI&#8217;s Sam Altman, has been one of the most popular nuclear plays in recent weeks. It was down 6.65% at $20.22 at the time of writing. 
Other small modular reactor (SMR) companies like NuScale Power Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) and Nano Nuclear Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>), were also trading lower, down 2.5% and 10.2%, respectively. 
Nuclear fuel names have also seen increased attention in recent weeks. Shares of uranium fuel producer Cameco Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) were down more than 2% at the time of writing. Shares of Lightbridge Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTBR#NASDAQ">LTBR</a>), a nuclear fuel technology company, were down 1.93% at last check. 
Shares of ASP Isotopes Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASPI#NASDAQ">ASPI</a>), which signed a deal with Bill Gates-backed <a href="https://www.benzinga.com/news/24/10/41624818/asp-isotopes-stock-is-soaring-wednesday-whats-going-on">TerraPower</a> last week and has seen increased attention across social platforms in recent weeks, were down about 14% at the time of writing. 
The VanEck Uranium And Nuclear ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLR#NYSE">NLR</a>) was down 3.22% and the Global X Uranium ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URA#NYSE">URA</a>) was down 2.37% in afternoon trading Monday.
Despite Monday&#8217;s pullback, nuclear stocks are still up significantly over the past month driven by an increased focus on nuclear from hyperscalers aiming to keep up with the rising energy demands of data centers related to the AI boom.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/11/41719271/constellation-energy-q3-earnings-beat-revised-fy24-eps-guidance-more">Constellation Energy Q3: Earnings Beat, Revised FY24 EPS Guidance &amp; More</a></li>
</ul>
Photo: Shutterstock.

Movers

ASPI

LTBR

OKLO

Nuclear Stocks Are Tumbling Monday: What's Going On?

Investors with a lot of money to spend have taken a bullish stance on Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 19 uncommon options trades for Cameco.
This isn't normal.
The overall sentiment of these big-money traders is split between 52% bullish and 42%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $771,361, and 10 are calls, for a total amount of $469,186.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $33.0 to $70.0 for Cameco during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Cameco options trades today is 3301.75 with a total volume of 9,969.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $33.0 to $70.0 over the last 30 days.
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730743235_0_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.38</td>
<td>$2.05</td>
<td>$2.25</td>
<td>$50.00</td>
<td>$224.3K</td>
<td>4.2K</td>
<td>1.0K</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$3.6</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$52.00</td>
<td>$105.0K</td>
<td>42</td>
<td>300</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$1.27</td>
<td>$1.04</td>
<td>$1.23</td>
<td>$70.00</td>
<td>$81.7K</td>
<td>4.5K</td>
<td>672</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$24.3</td>
<td>$22.9</td>
<td>$24.3</td>
<td>$33.00</td>
<td>$80.1K</td>
<td>74</td>
<td>33</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.52</td>
<td>$1.19</td>
<td>$1.32</td>
<td>$48.00</td>
<td>$79.9K</td>
<td>680</td>
<td>612</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
In light of the recent options history for Cameco, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Cameco</h3>
<ul>
<li>With a volume of 2,688,836, the price of CCJ is down -2.76% at $51.05. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 3 days.</li>
</ul>
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Looking At Cameco's Recent Unusual Options Activity

UUUU

Shares of nuclear-linked stocks are trading higher possibly amid continued strength. There has been optimism in the broader sector after Amazon Web Services and Google recently announced nuclear investments to fuel data centers.

Market participants are almost fully pricing in a rate cut at the Federal Reserve&#8217;s Nov. 7 meeting as policymakers enter their customary pre-meeting blackout period, where officials abstain from public commentary leading up <a href="https://www.benzinga.com/topic/interest-rates">to the policy decision</a>.
Investors have further bolstered their rate-cut wagers during the week and now are assigning a 96% chance to a quarter-point rate cut, as per CME FedWatch tool. 
Next week&#8217;s economic data releases include a pivotal inflation report – the Personal Consumption Expenditure (PCE) price index for September – and October official labor statistics. The latter could see some volatility related to the impacts of hurricanes and strikes on the pace of employment growth and unemployment rate. 
Yet, expectations are underpinned by optimism within the Fed that the U.S. economy can sustain job growth without driving new inflationary pressures, suggesting the central bank may gradually unwind its policy restrictiveness.
<h3 class="wp-block-heading">Mixed Views Among Fed Officials On Rate Path</h3>
Federal Reserve officials have expressed varied perspectives on the pace and urgency of rate cuts over the past month. 
Minneapolis Fed President Neel Kashkari recently said to expect "modest cuts over the next quarters," warning that labor market weakness could accelerate the pace of rate reductions if needed.
Atlanta Fed President Raphael Bostic said he is "not in a rush on rate cuts," preferring to assess economic data to avoid premature action. 
San Francisco Fed President Mary Daly remarked that that policy adjustments will persist and there is no reason to halt rate cuts. 
Dallas Fed President Lorie Logan similarly leaned towards a gradual rate-cut approach and Chicago Fed President Austan Goolsbee emphasized that he does not see convincing evidence that the economy is overheating again.
Fed Governor Christopher Waller highlighted last week that over 100,000 jobs might be missing from the October payrolls report due to factors like recent hurricanes and labor strikes. This disruption could temporarily inflate the unemployment rate, though Waller stressed that the labor market remains "on solid footing." He affirmed the idea of proceeding with gradual rate cuts.
<h3 class="wp-block-heading">Market Reactions Signal Optimism Amid Rate Cuts, But Election Uncertainties Loom</h3>
September&#8217;s 50-basis-point rate cut injected fresh optimism into U.S. equity markets, with major indexes climbing in its wake. 
The S&amp;P 500, reflected by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), has gained roughly 3% since Sept. 18, peaking on Oct. 17. 
The tech-heavy Nasdaq 100, mirrored by the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), saw an even stronger rally, rising around 4% in the same period.
Data from Benzinga Pro highlights the top 10 large-cap performers from Sept. 18 to Oct. 25.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>% Change (Sept. 18 – Oct. 25)</td>
</tr>
<tr>
<td>MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</td>
<td>79.7%</td>
</tr>
<tr>
<td>Astera Labs Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>)</td>
<td>51.74%</td>
</tr>
<tr>
<td>KE Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>)</td>
<td>48.26%</td>
</tr>
<tr>
<td>JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>)</td>
<td>46.1%</td>
</tr>
<tr>
<td>Futu Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) </td>
<td>46.0%</td>
</tr>
<tr>
<td>United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</td>
<td>41.55%</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>37.77%</td>
</tr>
<tr>
<td>Aurora Innovation Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>)</td>
<td>35.5%</td>
</tr>
<tr>
<td>SoFi Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</td>
<td>34.61%</td>
</tr>
<tr>
<td>Cameco Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>)</td>
<td>33.62%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102524&amp;t=be2bearmibe3na1">Benzinga Pro</a> </figcaption></figure>
However, with the Fed&#8217;s potential rate cut decision set for just two days after the high-stakes presidential election, political uncertainties could weigh heavily on market sentiment in the upcoming weeks. 
Investors are especially keen for clarity on the economic policies each candidate intends to pursue, as the U.S. budget deficit looms as a pressing issue. 
The latest International Monetary Fund (IMF) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41495286/deficit-strain-in-washington-will-get-worse-imf-warns-national-debt-projections-rev">projections suggest the U.S. deficit</a> will continue to widen, raising concerns over long-term fiscal stability and potential impacts on monetary policy going forward. 
Read now: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/10/41545408/tariffs-are-inflationary-imf-deputy-chief-rejects-trumps-trade-policies-as-elections-loom">&#8216;Tariffs Are Inflationary&#8217;: IMF Deputy Chief Rejects Trump&#8217;s Trade Policies As Elections Loom</a></li>
</ul>

Equities

Broad U.S. Equity ETFs

Federal Reserve

ETFs

ALAB

BEKE

FUTU

MSTR

SOFI

November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision

TRMD

Shares of oil and gas companies are trading lower following a build in US crude inventories.

Nuclear energy-related stocks have taken off following major announcements from Alphabet, Inc.'s  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google and Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) as the tech industry turns to nuclear energy to power AI data centers. Here's a look at a sampling of stocks that could benefit from the <a href="https://www.benzinga.com/news/24/10/41358363/nuclear-stocks-soar-as-amazon-becomes-latest-tech-giant-to-invest-in-nuclear-power">market's nuclear trend</a>.
Last week, both Google and Amazon announced major nuclear power agreements with privately-owned small modular reactor (SMR) companies. Google signed a large deal with Kairos Power and Amazon inked a deal with Energy Northwest to build four advanced SMRs.&nbsp;
<h3 class="wp-block-heading">SMR Developers: </h3>
Both Kairos Power and Energy Northwest are privately-held companies. However, there are several publicly traded companies focused on SMRs.&nbsp;
<ul>
<li>Oklo, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) develops fast fission power plants to provide nuclear energy at scale and counts OpenAI's Sam Altman as the chairman of its board of directors. The stock<a href="https://www.benzinga.com/news/24/10/41321236/sam-altmans-oklo-jumps-on-google-nuclear-deal-whats-going-on"> has gained more</a> than 190% over the past month as the nuclear trade takes off.&nbsp;</li>
<li>NuScale Power Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) develops modular light water reactor nuclear power plants and its stock<a href="https://www.benzinga.com/news/24/10/41402441/nuscale-rockets-higher-on-amazon-deal-how-high-can-it-go"> has soared</a> nearly 100% over the past month.&nbsp;</li>
<li>Nano Nuclear Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) is a developer of portable, on-demand capable, and advanced nuclear microreactors. Nano Nuclear Energy stock is up 85% over the <a href="https://www.benzinga.com/markets/equities/24/10/41362462/why-is-nano-nuclear-energy-stock-gaining-today">past month</a>.&nbsp;</li>
</ul>
Read Next: <a href="https://www.benzinga.com/news/24/10/41415824/lucid-ceo-peter-rawlinson-talks-saudi-investment-elon-musks-political-views-and-taking-business-from">Lucid CEO Peter Rawlinson Talks Saudi Investment, Elon Musk&#8217;s Political Views And Taking Business From Tesla</a>
<h3 class="wp-block-heading">Power Producers: </h3>
Shares of power companies have also gained as data centers and AI applications raise demand for energy to power the emerging technologies.&nbsp;
<ul>
<li>Constellation Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) a massive deal with Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in September which includes plans to restart Unit 1 of the Three Mile Island nuclear facility. The reopening is part of a 20-year power <a href="https://www.benzinga.com/markets/equities/24/09/40957437/microsoft-taps-constellation-for-20-year-carbon-free-power-3-400-jobs-coming-to-pennsylvania">purchase agreement</a> to power Microsoft's AI data centers.&nbsp;</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) is one of the largest power producers and retail energy providers in the U.S. and owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation. The stock is also the best performer in the S&amp;P 500 in 2024,<a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41342499/unlikely-s-p-500-stock-leaves-nvidia-behind-with-241-gain-in-2024"> beating out</a> other AI-related names including NVIDIA Corp. which was the best performer in 2023.&nbsp;</li>
</ul>
<h3 class="wp-block-heading">Uranium Stocks: </h3>
Uranium is needed to generate nuclear power and prices have increased significantly, up roughly 60% since the beginning of the year.&nbsp;
<ul>
<li>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) is a uranium producer with several projects including Millennium, Yeelirrie, Kintyre and Exploration. Cameco shares are<a href="https://www.benzinga.com/news/24/09/40961163/whats-going-on-with-cameco-stock-friday"> up nearly</a> 45% over the past month.&nbsp;</li>
<li>Centrus Energy Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LEU#AMEX">LEU</a>) supplies enriched uranium fuel for commercial nuclear power plants in the U.S. and internationally. Centrus Energy stock gained 21% on Friday after the Department of Energy <a href="https://www.benzinga.com/pressreleases/24/10/n41391606/centrus-wins-haleu-enrichment-award-from-u-s-department-of-energy">awarded the company</a> a contract aimed at expanding its domestic commercial production.&nbsp;</li>
</ul>
<h3 class="wp-block-heading">&#8220;Huge Opportunity&#8221;</h3>
Last week, Oklo's co-founder and CEO Jacob DeWitte joined CNBC's "Money Movers" and highlighted the current opportunities for companies in the <a href="https://www.benzinga.com/news/24/10/41343639/oklo-ceo-highlights-mind-blowing-demand-for-ai-power-says-googles-nuclear-deal-only-tip-of-the-icebe">nuclear power industry</a>.&nbsp;&nbsp;
"It's an extremely exciting time for nuclear … the numbers are staggering here. The power demand numbers, frankly, they're mind-blowing," DeWitte said. "It's a huge opportunity for a lot of players in the space, and nuclear offers a really great solution. "&nbsp;
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41406621/microsoft-ai-revenue-could-eclipse-10b-in-2025-piper-sandler-says">Microsoft AI Revenue &#8216;Could Eclipse&#8217; $10B In 2025, Bullish Analyst Says</a></li>
</ul>

General

GOOG

Nuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) stock gained 24.85% last week after Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com//node/41386011" target="_blank" rel="noreferrer noopener">rose above $67,000</a>.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) stock jumped 19.98% after the company reported better-than-expected&nbsp;fourth-quarter results and announced a&nbsp;$1.5 billion&nbsp;buyback program. Several analysts<a href="https://www.benzinga.com//node/41387797" target="_blank" rel="noreferrer noopener"> changed their price targets</a>.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) stock upped 17.01%.</li>
<li>Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) stock grew 13.18% following a&nbsp;third-<a href="https://www.benzinga.com//node/41326902" target="_blank" rel="noreferrer noopener">quarter earnings beat</a>.</li>
<li>Cameco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) stock was up 12.99%, probably due to strength in nuclear names. The stock rose after Amazon Web Services announced plans to invest <a href="https://www.benzinga.com//node/41358363" target="_blank" rel="noreferrer noopener">over&nbsp;$500 million&nbsp;in nuclear power</a>.</li>
<li>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) stock gained 12.99% after the company announced a <a href="https://www.benzinga.com//node/41313080" target="_blank" rel="noreferrer noopener">$2 billion loan platform</a> business agreement for personal loans with funds managed by affiliates of Fortress Investment Group.</li>
<li>Blackstone Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) stock increased 12.62% after multiple analysts raised their price targets following the company&#8217;s <a href="https://www.benzinga.com//node/41405312" target="_blank" rel="noreferrer noopener">recent&nbsp;third-quarter earnings report</a>.</li>
<li>The Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) shares rose 12.20% after reporting better-than-expected&nbsp;<a href="https://www.benzinga.com//node/41379650" target="_blank" rel="noreferrer noopener">third-quarter&nbsp;results</a>.</li>
<li>Snap-On Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) shares were up 11.75% after the company reported better-than-<a href="https://www.benzinga.com//node/41380823" target="_blank" rel="noreferrer noopener">expected&nbsp;third-quarter results</a>.</li>
<li>AngloGold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) stock increased 11.59%, probably owing to a rise in the price of gold and silver.</li>
<li>Blue Owl Capital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) shares were up 11.45%. The company, along with Crusoe and Primary Digital Infrastructure, formed a $3.4 billion joint venture to develop AI data centers.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com//node/41418999">NIO, ASML, And CVS Health Are Among Top 10 Large Cap Losers Last Week (Oct 14-18): Are The Others In Your Portfolio?</a></li>
</ul>
Photo by Useacoin on Shutterstock

Trading Ideas

$BTC

COIN

ERIC

Coinbase, United Airlines And Sofi Tech Are Among Top 11 Large Cap Gainers Last Week (Oct 14-18): Are The Others In Your Portfolio?

Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) has outperformed the market over the past 5 years by 30.3% on an annualized basis producing an average annual return of 44.62%. Currently, Cameco has a market capitalization of $25.08 billion. 
Buying $1000 In CCJ: If an investor had bought $1000 of CCJ stock 5 years ago, it would be worth $6,264.00 today based on a price of $57.63 for CCJ at the time of writing.
<h3>Cameco's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729269132_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Cameco 5 Years Ago Would Be Worth This Much Today

Every four years, investors consider how the outcome of the presidential election will impact their lives and their investments. Broadly speaking, the market tends to do well during election years. And this is particularly true in the two months after the election has been decided. The reason for this is that elections remove uncertainty. Investors can and have made money regardless of the party in power.&nbsp;&nbsp;
However, getting clarity on what the next four years may bring will direct investor sentiment. The outcome of this election could have significant repercussions for tax policy, energy policy, and the overall economy. For example, in late 2020 and early 2021, renewable energy stocks surged on the premise that money would flow into these companies. &nbsp;
That&#39;s why it&#39;s time to look for stocks that are likely to do well, no matter which candidate is victorious. Here are three picks for stocks that are carrying momentum into the election.&nbsp;
By looking at momentum stocks, you&#39;re not buying the dip but chasing the stock higher. However, in the case of these three stocks, there&#39;s good reason for you to do just that. Each stock has a catalyst that is likely to continue that momentum after the election.&nbsp;
<h2>This One Key Metric Is Why Costco Remains a Buy&nbsp;</h2>
Costco Wholesale Corp. is trading at around $895 as of this writing. That&#39;s only slightly down from a 52-week high, which has been a point of resistance multiple times in the last few months. COST stock is up approximately 58% in the last 12 months, a bright spot among retail stocks and easily outpacing the S&amp;P 500. &nbsp;
But some investors wonder if the stock is ready for a breather. If it is, investors should get ready to load up. The reason for the bullish sentiment comes down to one key metric: customer retention. &nbsp;
On September 1, Costco increased its membership fee for the first time in seven years. In the past, increases in fees have had little effect on customer retention. But these are different times. That said, in the company&#39;s earnings report on September 26, the company reported no meaningful changes in the U.S. renewal rate, which is over 92%. &nbsp;
Analysts continue to raise their price targets for COST stock since the earnings report with Telsey Advisory Group reiterating an Overweight rating and $1,000 price target on October 10. &nbsp;
<h2>Cameco Is an Agnostic Play on the Energy Sector&nbsp;</h2>
When news breaks that Microsoft Corp. is partnering to reopen the Three Mile Island nuclear power plant, you know that momentum in nuclear energy stocks is not just a passing fad. And if you&#39;re looking for ways to play that trend, Cameco Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccj#NYSE">CCJ</a>) is a good place to start. Cameco is the world&#39;s largest publicly traded uranium company. Uranium is the key component of nuclear energy.&nbsp;
For investors who aren&#39;t closely following the sector, it&#39;s important to understand the reason why the demand for nuclear energy is so strong. That is, it&#39;s one of the only forms of truly clean energy. However, at the moment, the demand for nuclear power far exceeds the amount of uranium needed.&nbsp;
For example, data centers will continue to need 24/7 electricity at an almost incomprehensible rate. And that does not include the power needed for electric cars and other sustainable energy solutions. &nbsp;
CCJ stock is up 39% in the last 12 months, but it&#39;s taken an up-and-down path to get there. However, it&#39;s up 26% in the 30 days ending October 15, 2024, and even with the stock near its 52-week high, analysts still believe there&#39;s about 30% more upside ahead. &nbsp;
<h2>This Magnificent 7 Stock Is Firing on All Cylinders&nbsp;</h2>
Among technology stocks, you can make a strong case for names like NVIDIA Corp.&nbsp;or Palantir Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pltr#NYSE">PLTR</a>). But another tech stock that looks like a solid momentum play is Amazon.com Inc.&nbsp;AMZN stock has been up 43% in the last 12 months, and analysts are still forecasting a 19% higher upside. &nbsp;
Many know Amazon as an e-commerce leader. However, its growth is largely driven by its cloud services business, Amazon Web Services (AWS).
As generative AI accelerates the pace at which businesses move to the cloud, AWS is becoming a preferred destination. &nbsp;
However, if the last five years have shown anything, it&#39;s that Amazon is continually finding new ways to grow its business. Its latest growth driver is advertising.
In its most recent quarter, revenue from advertising services increased by 20% year-over-year, which slightly outpaced the growth in revenue from AWS. &nbsp;
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/3-election-momentum-stocks-you-might-have-missed/">3 Election Momentum Stocks You Might Have Missed</a>&quot; first appeared on MarketBeat.

Price Target

Retail Sales

Analyst Ratings

PLTR

3 Election Momentum Stocks You Might Have Missed

Shares of uranium stocks are trading higher amid strength in nuclear names, which rose after Amazon Web Services announced plans to invest over $500 million in nuclear power.

Deep-pocketed investors have adopted a bullish approach towards Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CCJ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Cameco. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 33% bearish. Among these notable options, 2 are puts, totaling $135,615, and 10 are calls, amounting to $1,955,993.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $80.0 for Cameco during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Cameco's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Cameco's substantial trades, within a strike price spectrum from $45.0 to $80.0 over the preceding 30 days.
<h3>Cameco 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729087433_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$2.53</td>
<td>$2.4</td>
<td>$2.5</td>
<td>$55.00</td>
<td>$1.2M</td>
<td>17.9K</td>
<td>6.3K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.72</td>
<td>$2.63</td>
<td>$2.63</td>
<td>$55.00</td>
<td>$263.7K</td>
<td>17.9K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$1.83</td>
<td>$1.66</td>
<td>$1.8</td>
<td>$80.00</td>
<td>$90.0K</td>
<td>3.6K</td>
<td>0</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$7.25</td>
<td>$7.2</td>
<td>$7.25</td>
<td>$49.00</td>
<td>$86.2K</td>
<td>627</td>
<td>63</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.52</td>
<td>$1.34</td>
<td>$1.47</td>
<td>$52.50</td>
<td>$73.5K</td>
<td>1.3K</td>
<td>541</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
<h3>Present Market Standing of Cameco</h3>
<ul>
<li>Currently trading with a volume of 1,299,051, the CCJ's price is up by 4.43%, now at $54.0. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 22 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Cameco, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Behind the Scenes of Cameco's Latest Options Trends

Investors with a lot of money to spend have taken a bearish stance on Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 20 options trades for Cameco.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 45%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $62,433, and 19, calls, for a total amount of $1,367,447.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $13.0 and $60.0 for Cameco, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Cameco options trades today is 3344.08 with a total volume of 6,096.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $13.0 to $60.0 over the last 30 days.
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728409550_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.6</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$55.00</td>
<td>$350.0K</td>
<td>17.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$38.6</td>
<td>$38.0</td>
<td>$38.0</td>
<td>$13.00</td>
<td>$220.4K</td>
<td>288</td>
<td>121</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$11.75</td>
<td>$11.6</td>
<td>$11.75</td>
<td>$47.00</td>
<td>$110.4K</td>
<td>61</td>
<td>94</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.4</td>
<td>$4.3</td>
<td>$4.3</td>
<td>$47.00</td>
<td>$86.0K</td>
<td>14.4K</td>
<td>33</td>
</tr>
<tr>
<td>CCJ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$8.4</td>
<td>$7.9</td>
<td>$7.9</td>
<td>$59.00</td>
<td>$62.4K</td>
<td>0</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
Following our analysis of the options activities associated with Cameco, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Cameco</h3>
<ul>
<li>Trading volume stands at 2,127,504, with CCJ's price down by -0.88%, positioned at $50.97.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 30 days.</li>
</ul>
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If you want to stay updated on the latest options trades for Cameco, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Unpacking the Latest Options Trading Trends in Cameco

Investors with a lot of money to spend have taken a bullish stance on Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 12 options trades for Cameco.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 41%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $27,600, and 11, calls, for a total amount of $458,813.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $60.0 for Cameco over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Cameco options trades today is 4939.0 with a total volume of 3,026.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $40.0 to $60.0 over the last 30 days.
<h3>Cameco Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727979392_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$3.05</td>
<td>$3.0</td>
<td>$3.0</td>
<td>$60.00</td>
<td>$154.2K</td>
<td>869</td>
<td style="text-align: right;">516</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.1</td>
<td>$2.83</td>
<td>$2.9</td>
<td>$55.00</td>
<td>$43.5K</td>
<td>17.0K</td>
<td style="text-align: right;">153</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.44</td>
<td>$1.43</td>
<td>$1.44</td>
<td>$55.00</td>
<td>$39.7K</td>
<td>4.6K</td>
<td style="text-align: right;">310</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.65</td>
<td>$10.5</td>
<td>$10.65</td>
<td>$50.00</td>
<td>$31.9K</td>
<td>2.8K</td>
<td style="text-align: right;">60</td>
</tr>
<tr>
<td>CCJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$10.95</td>
<td>$9.75</td>
<td>$10.3</td>
<td>$50.00</td>
<td>$30.9K</td>
<td>2.8K</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Cameco</h3>
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
<h3>Cameco's Current Market Status</h3>
<ul>
<li>Trading volume stands at 3,277,193, with CCJ's price up by 0.93%, positioned at $49.9.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 26 days.</li>
</ul>
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Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Cameco's Options: A Look at What the Big Money is Thinking

Uranium stocks have been surging thanks to the Constellation Energy Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ceg#NASDAQ">CEG</a>) and Microsoft Co.&nbsp;deal for the largest power-purchasing deal in history. The large hyperscalers are committed to sustainable and clean energy solutions to power their data centers. The electricity will be supplied by restarting the Three Mile Island Unit 1 nuclear reactor pending regulatory approval by the United States Nuclear Regulatory Commission (NRC). Uranium is required to power this and other nuclear reactors, which is why uranium stocks in the oils and energy sector have been rising sharply.
Here are two more uranium stocks that are gaining from the movement to fuel nuclear power plants.
<h2>Uranium Royalty Gains Access Without the Risk of Mining and Processing </h2>
While Uranium Royalty Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/uroy#NASDAQ">UROY</a>) doesn&#39;t produce nor intends to produce uranium, it believes itself to be a pure-play uranium company. The word &#39;royalty&#39; in its name doesn&#39;t refer to monarchs or bloodlines but to royalty payments it receives from its portfolio of geographically diversified uranium assets. They basically make money off of partially owning uranium assets by collecting royalty payments without having to bear the capital expenditure (CAPEX) and risk that comes from operating a mining company.
<h3>A Portfolio of Royalty-Bearing Uranium Assets</h3>
Uranium Corp.&#39;s portfolio of 22 uranium assets for which it has minor and royalty interests. The interests range in project stage from exploration like the Rio Tinto Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rio#NYSE">RIO</a>) owned Russell Lake project for which it can receive a 1.9766% of the net smelter return (MSR) to the 2% to 4% gross value return royalty (GVR) of the Energy Fuels Inc. (AMEX:UUUU) owned Whirlwind project to the 10% to 20% net profits interest (NPI) royalty from the Cigar Lake/Waterbury project operated by Cameco Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccj#NYSE">CCJ</a>). The stock can be considered a mini-ETF of tiny stakes in uranium assets. Uranium Royalty also owns 2.8 million pounds of physical uranium. The company is still in the process of generating revenue.
<h2>Denison Mines&#39; Wheeler River Project: A Uranium Powerhouse in the Making</h2>
Denison Mines (AMEX:DNN) is a speculative uranium exploration and development company based in Toronto, Canada. It holds a 95% interest in its flagship Wheeler River Project, located in Saskatchewan&#39;s Athabasca Basin. The project spans roughly 300,000 hectares and includes the Gryphon and Phoenix deposits.
<h3>The Phoenix Deposit</h3>
While the Wheeler River Project isn&#39;t yet producing uranium, the Phoenix deposit is currently undergoing the permitting process for In-Situ Recovery (ISR). The Phoenix deposit has a 10-year mining life with probable resources of $56.7 million tons of U3O8 uranium. Approval is expected in 2025. The all-in-sustaining cost (AISC) is around $16.00 per pound, with $318.10 million in initial costs, making it extremely lucrative at current uranium spot prices above $80 per pound.
<h3>The Gryphon Deposit</h3>
The Gryphon deposit is several years behind Phoenix in development, with a mine life of 6.5 years and 49.7 million pounds of probable uranium resources. Its AISC is $25.47, but initial capital costs are higher, estimated at $564.2 million.
<h3>Denison&#39;s Uranium Inventory and Revenue Generating Interests</h3>
While Denison doesn&#39;t yet produce uranium, it owns 2.2 million pounds of it that it purchased for $29.60 per pound in 2021, worth around $178 million. It also generates revenue from its 22.5% stake in McClean Lake, which has a licensed mill for an annual production capacity of 24 million pounds. Dennison collects revenues from the toll milling. The mill processes ore from the Cigar Lake mine, where Cameco Corp operates.
Denison generated $964,000 in Q2 2024 with an EPS loss of 1 cent, matching consensus estimates. Incidentally, Denison is debt-free and has working capital and investments valued at nearly 70% of its market cap. This prompted BMO to upgrade its rating to Outperform from Market Perform with a $2.22 price target. CIBC started coverage on Denison with a Sector Outperform rating. MarketBeat has seven analyst Buy ratings with an average consensus price target of $2.93 and a high target of $3.25.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/2-uranium-stocks-fueling-growth-from-the-nuclear-power-surge/">2 Uranium Stocks Fueling Growth From the Nuclear Power Surge</a>&quot; first appeared on MarketBeat.

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2 Uranium Stocks Fueling Growth From the Nuclear Power Surge

Cameco Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NASDAQ">CCJ</a>) stock, among other uranium related stocks, are moving higher in possible sympathy with Constellation Energy <a href="https://www.benzinga.com//node/40957437">Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>)</a>.
What Happened: Constellation signed a 20-year power purchase agreement with Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) which will aid in the launch of Crane Clean Energy Center and the restart of Three Mile Island Unit 1, a nuclear power plant that shut down in 2019 due to economic reasons.
Through the agreement, Microsoft will purchase energy from the restored plant as part of its plan to offset the power consumption of its data centers in PJM with carbon-free energy. PJM is an electrical grid that supplies energy to 13 states and Washington, D.C.
The project is anticipated to add about 835 megawatts of carbon free energy to the grid and create 3,400 direct and indirect jobs. The Crane Clean Energy Center is anticipated to begin functioning by 2028, depending on approval from the U.S. Nuclear Regulatory Commission and receipt of other state and local permits. 
How To Buy Cameco Shares
By now you're likely curious about how to participate in the market for Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>), which is trading at $44.43 as of publishing time, $100 would buy you 2.25 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Related Link: <a href="https://www.benzinga.com/insights/options/24/09/40959634/this-is-what-whales-are-betting-on-boeing">This Is What Whales Are Betting On Boeing</a>
CCJ Price Action: Cameco shares are trading 7.55% higher at $44.18 as of Friday morning per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: 4131445 from Pixabay.

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