The IBD SmartSelect Composite Rating for Cameco stock increased from 94 to 97 Tuesday. The stock sports a 91 Relative Strength Rating.\n\nThe upgrade means the stock is now outpacing 97% of all other stocks in terms of key performance metrics and technical strength.\n\nIs Cameco Stock A Buy?\nCameco stock recently broke out of a cup without handle, with a 53.48 entry. The energy stock is slightly extended and already out of a proper buying range.\n\nThe stock earns a 99 EPS Rating, which means its recent quarterly and annual earnings growth tops 99% of all stocks.\n\nIts Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.\n\nCameco Earnings\nIn Q1, the uranium company posted 45% earnings-per-share growth. That means it's now posted two straight quarters of rising EPS gains. Revenue growth came in at 25%, down from 40% in the prior quarter.\n\nCameco stock holds the No. 1 rank among its peers in the Mining-Metal Ores industry group. Mesabi Trust and Southern Copper are also among the group's highest-rated stocks.

Stocks With Rising Composite Ratings: Cameco

Cameco's stock rating increased from 94 to 97, outperforming 97% of stocks in key performance metrics. The stock broke out of a technical pattern, showing strong earnings growth (45% Q1 EPS) and a 99 EPS rating. It ranks No. 1 in the Mining-Metal Ores industry group, alongside Mesabi Trust and Southern Copper.