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Cameco Enters Oversold Territory

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The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks , according to a proprietary formula designed to identify those stocks that combine two important characteristics - strong fundamentals and a valuation that looks inexpensive. Cameco Corp. (Symbol: CCJ) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

But making Cameco Corp. an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of CCJ entered into oversold territory, changing hands as low as $10.20...