Cameco Stock Down to Below $120 -- Is Now the Time to Buy?
The Motley Fool
by newsfeedback@fool.com (James Hires)February 21, 2026
AI-Generated Deep Dive Summary
Cameco's stock has dropped below $120, marking a 10% decline from its all-time high. This decline raises questions about whether now might be the right time to invest in the company, given the broader context of the nuclear power industry's resurgence.
The global demand for nuclear energy is on the rise, driven by the increasing power needs of artificial intelligence and the push for sustainable green energy sources. Unlike solar and wind, which face limitations in terms of reliability and scale, nuclear power provides a consistent energy supply. This has led to a surge in uranium prices, with the spot price jumping 32% over the past year, outpacing other energy resources.
Cameco, as one of the leading suppliers of uranium, stands at the center of this trend. While its stock has dipped below $120, the long-term fundamentals for nuclear energy remain strong. Investors may see this dip as an opportunity to enter a sector poised for growth, especially given the ongoing global investment in nuclear capacity.
For those interested in finance and investing, this situation highlights the importance of considering both short-term market fluctuations and long-term industry trends. The nuclear power renaissance could offer significant returns for patient investors willing to navigate market volatility.
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Originally published on The Motley Fool on 2/21/2026