The Globe and Mail reports in its Tuesday, Oct. 3, edition that Cameco is a non-tech stock that has outperformed this year. The Globe's guest columnist Gordon Pape writes that uranium is a hot commodity again and there is growing concern that global output may be insufficient to meet demand. The price of one pound of the mineral has jumped more than 60 per cent this year and uranium mining stocks have gone along for the ride. Chief executive officer Tim Gitzel says market fundamentals for uranium are improving with prices for uranium rising. Uranium extraction is a tough business. That was brought home in September when Cameco released an update projecting that this year's production from its Cigar Lake mine and McArthur River/Key Lake operations will be down about 8 per cent from previous estimates. Mr. Pape says we have a situation where demand is on the rise, which means the price of uranium is likely to move higher. Production problems, however, may limit Cameco's ability to take full advantage of the situation. Mr. Pape says investors should monitor the situation closely. He says the stock has a history of volatility. Mr. Pape recommended Cameco on May 9, 2022, when it was worth $29.46.