5 Best Commodity Stocks To Buy Now

4. Cameco Corporation (NYSE: CCJ)

Number of Hedge Fund Holders: 25

Cameco ranks 4th in the list of 10 best commodity stocks to buy now. The stock has gained 110% over the last 12 months. In the fourth quarter, the company posted non-GAAP EPS of $0.12, beating the Street forecasts by $0.16. Revenue in the quarter fell 37% to $550 million but was still above the Street’s consensus by $240.98 million

According to our database, the number of CCJ’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 25 hedge funds that hold a position in Cameco Corp. compared to 20 funds in the third quarter. The biggest stakeholder of the company is David Iben’s Kopernik Global Investors, with 11 million shares, worth $147.6 million.