Obama Vs. Putin And The Surprise Investment Of 2014

Cameco Corporation (USA) (NYSE:CCJ), the world’s second-largest uranium producer, is your best bet to profit.

The company owns a high-grade mother lode that boasts the richest uranium ore body on the planet — with concentrations 100 times stronger than average. Extraction costs are so low it could turn a profit even if prices drop by half.

This firm produced almost 20% of the world’s uranium mined last year. What’s more, it’s sitting on 65% of the world’s known uranium supply.

In truth, it’s the only uranium miner in the world that has a chance of ramping up production fast enough to satisfy the coming wave of demand.

But despite the bright long-term picture, this is a stock that has simply slipped off of most investors’ radars.

Shares stood above $40 in early 2011 but now trade for half as much. The key catalyst to get this stock moving back northward: firming uranium prices. As the Russian supply agreement winds down, and as China and India cement their nuclear power plans, look for the commodity — and this stock — to pivot right back on to investors’ radars.

This article was originally written by Andy Obermueller and posted on StreetAuthority.

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