Cameco

Industry leading uranium producer trading at some pretty lofty valuations due to sky-high expectations. The markets expect the company to more than double earnings per share next year.

Overall, it is a relatively strong company, and a much better option than a lot of the speculation uranium plays. The company is free cash flow positive, generates strong earnings and is growing earnings at a solid pace, and has reasonable debt levels.

I just think unless all things go right for them, valuations are a bit too high for me here to ever buy it.