CCJ Stock Surges 16% With A 6-day Winning Spree On Uranium Sector Rally

CCJ: Cameco logo
CCJ
Cameco

Cameco (CCJ) stock hit day 6-day winning streak, with cumulative gains over this period amounting to a 16%. The company market cap has surged by about $6.3 Bil over the last 6 days, and currently stands at $46 Bil.

The stock has YTD (year-to-date) return of 15.6% compared to 1.1% for S&P 500. Let’s take a look at what’s driving the stock.

What Triggered The Rally?

[1] Broad Uranium Sector Strength and Surging Prices

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  • Uranium futures reached a two-month high in early January 2026
  • Structurally undersupplied commodity with positive macroeconomic tailwinds
  • Impact: Sustained Institutional Accumulation, Increased Investor Confidence

[2] Scotiabank Price Target Hike to C$155.00

  • Price target raised from C$150.00 to C$155.00
  • Maintained an “outperform” rating on the stock
  • Impact: Reinforced Bullish Investment Thesis, Heightened Market Interest

Why This Matters?

Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades.

But here is the real interesting point.

You are reading about this 16% move after it happened. The market has already priced in the news. To catch the next winner before the headlines, you need predictive signals, not notifications. Our High Quality Portfolio has flagged 5 new opportunities that haven not surged yet.

Returns vs S&P 500

The following table summarizes the return for CCJ stock vs. the S&P 500 index over different periods, including the current streak:

Return Period CCJ S&P 500
1D 1.8% 0.0%
6D (Current Streak) 15.7% 0.4%
1M (21D) 16.3% 1.1%
3M (63D) 23.0% 2.5%
YTD 2026 15.6% 1.1%
2025 78.5% 16.4%
2024 19.5% 23.3%
2023 90.5% 24.2%

Gains and Losses Streaks: S&P 500 Constituents

There are currently 38 S&P constituents with 3 days or more of consecutive gains and 21 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 11 7
4D 19 8
5D 8 0
6D 0 3
7D or more 0 3
Total >=3 D 38 21

 
 
Key Financials for Cameco (CCJ)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $2.6 Bil $3.1 Bil
Operating Income $285.0 Mil $511.2 Mil
Net Income $360.8 Mil $171.9 Mil

Last 2 Fiscal Quarters:

Metric 2025 FQ2 2025 FQ3
Revenues $877.0 Mil $614.6 Mil
Operating Income $166.0 Mil $82.5 Mil
Net Income $320.9 Mil $-0.1 Mil

While CCJ stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.