Cameco Corp. (CCJ) is the perfect Long-Term investment now!

Hey, I just analyzed CJ6 and now wanted to publish my Long-term ideas on CCJ as I think it will get more reach here than on my preferred stock exchange.

If you want some details on my Short-Term analysis, feel free to check out https://www.tradingview.com/chart/CJ6/KjOZRPJd-Cameco-Corp-CJ6-is-short-term-and-long-term-bullish/ as I don't want to adjust the numbers and the chart for a stock exchange I don't use myself.
Here's my chart of CJ6 if you're interested: snapshot

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Cameco's long-term potential is backed by several political and economic factors, especially in the context of global energy transitions and geopolitical developments.

1. Increased Focus on Nuclear Energy
The shift towards clean energy and decarbonization efforts has increased reliance on nuclear power as a reliable, low-carbon energy source. This global shift boosts uranium demand, of which Cameco is the largest supplier globally.

2. Geopolitical Risks and Uranium Supply
Ongoing political tensions and potential sanctions on Russian uranium put pressure on Western countries to diversify their supply chains. Since Russia is a key supplier of enriched uranium, potential restrictions could force Western nations to depend more heavily on Cameco, increasing long-term demand for its politically secure uranium supplies.

3. Western Energy Security Policies
With growing concerns over energy security, particularly in Europe, many governments are reducing reliance on Russian resources, including uranium. Governments may provide subsidies or support to companies like Cameco, ensuring stable and allied sources of uranium.

4. Supply Chain Tightness
Years of underinvestment, mine closures, and geopolitical risks have constrained the global uranium supply. As nuclear energy demand rises, supply shortages could push prices higher, benefiting Cameco as a top producer outside Russia.

5. Long-term Contracts with Utilities
Cameco has secured several long-term contracts with utilities in North America, Europe, and Asia. These contracts provide stability and predictability in revenue, especially important in a volatile geopolitical landscape where energy resource security is crucial.

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CCJ Cameco Corp. is well-positioned for growth, driven by its strong foothold in the uranium market, favourable long-term contracts, and the geopolitical drive towards clean and secure energy solutions, making it an attractive long-term investment opportunity.

I hope you've enjoyed my Analysis and I would kindly ask you to write suggestions, corrections and or your own thoughts in the comments.

-- Henrik B.
Beyond Technical Analysis

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