Cameco Corp (CCJ) in PGIM Jennison Natural Resources Fund Q2 2024

Capitalizing on Nuclear Energy Demand

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Apr 15, 2025
Summary
  • Leading position in uranium production and nuclear energy supply.
  • Benefiting from rising global demand for clean energy solutions.
  • Risks include uranium price volatility and regulatory challenges.
  • Recent performance supported by strategic contracts and increased production.
  • Future outlook positive with growing nuclear energy adoption worldwide.

Cameco Corp (CCJ, Financial) was featured in the PGIM Jennison Natural Resources Fund Q2 2024 commentary as a key holding, reflecting its leadership in uranium production and supply for nuclear energy. The company is well-positioned to benefit from the rising global demand for clean energy solutions, driven by its strategic contracts and increased production capabilities.

"Cameco's leadership in uranium production and its strategic positioning in the nuclear energy market make it a valuable component of our portfolio." — PGIM Jennison Natural Resources Fund Q2 2024 Commentary

Read full letter at gurufocus pgim jennison natural resources fund q2 2024 commentary 2024 Q2 page.