TimesSquare Mid Cap Growth Strategy Bets on Cameco Corp. (CCJ), a Uranium Supplier

4 hours ago 1

Soumya Eswaran

Wed, July 1, 2026 astatine 8:15 AM CDT 2 min read

TimesSquare Capital Management, an equity concern absorption company, released its "U.S. Mid Cap Growth Strategy" first-quarter 2026 capitalist letter. A transcript of the missive tin be downloaded here. The Strategy fell 7.72% (net) successful the 4th compared to -6.35% for the Russell Midcap Growth Index. In the archetypal quarter, markets navigated geopolitical tensions and economical resilience alongside impermanent planetary tariffs. High lipid prices and proviso concatenation disruptions followed U.S. and Israeli engagement successful Iran, prompting a displacement to safer assets and a reevaluation of proviso chains and vigor dependencies. Central banks maintained dependable policies contempt energy-driven inflation. In this environment, the Strategy remains focused connected disciplined absorption teams with durable competitory advantages. Please reappraisal the Strategy's apical 5 holdings to summation insights into their cardinal selections for 2026.

In its first-quarter 2026 capitalist letter, TimesSquare Capital U.S. Mid Cap Growth Strategy highlighted Cameco Corporation (NYSE:CCJ) arsenic a caller holding. Cameco Corporation (NYSE:CCJ) is simply a starring uranium-producing company. On June 30, 2026, Cameco Corporation (NYSE:CCJ) closed astatine $101.86 per share, reflecting a marketplace capitalization of $44.38 billion. Cameco Corporation (NYSE:CCJ) posted a one-month instrumentality of -11.09%, portion its shares gained 42.14% implicit the past 52 weeks.

TimesSquare Capital U.S. Mid Cap Growth Strategy stated the pursuing regarding Cameco Corporation (NYSE:CCJ) successful its Q1 2026 capitalist letter:

"We often spot the ebb and travel of the Energy assemblage tied to underlying commodity prices. In this area, we question low-cost exploration & accumulation companies with high-yielding acreage oregon specialized work providers. New to the assemblage this 4th was Cameco Corporation (NYSE:CCJ), which supplies uranium for energy procreation successful the Americas, Europe, and Asia. They ain and run immoderate of the largest uranium mines and merchantability to inferior companies crossed sixteen antithetic countries."

Cameco (CCJ) Jumps Double Digits connected Bullish Analyst Stance

Cameco Corporation (NYSE:CCJ) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 73 hedge money portfolios held Cameco Corporation (NYSE:CCJ) astatine the extremity of the archetypal quarter, compared to 82 successful the erstwhile quarter. While we admit the imaginable of Cameco Corporation (NYSE:CCJ) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the champion short-term AI stock.

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