The video provides a fundamental analysis of Cameco Corp (CCJ). At the time of recording, CCJ trades at $75.55. The stock has gone up 47% year-to-date and 90% over the last 12 months. The speaker suggests it's a safest Uranium play, the valuation indicates it is a little expensive for moderate investment and it is likely to have multi-year trends with longer runway and has many tailwinds like Clean energy mandates, AI demand and SMRs. The world can't produce enough uranium right now and it is being said by the industrial insiders for the new Nuclear Reactor this has an approximate consumption of almost 70,000 tons of Uranium each year but the mines can produce only 50,000 tons of uranium annually. The current target price is $90. The downside risks includes Fukushima type nuclear incidents which can bring the stock down. There is a downside as the company is selling Uranium through long term contracts on existing contracts which had been signed years ago and also it may not benefit from the increase in Uranium prices right now.