Nuclear has been on an absolute tear. The problem is – there are almost no pure plays that are not total shitcos. Despite that, every one of those have ripped.
Meet MIR, which will be trading at ~10x ebidta this year, and has all kind of exposure to nuclear.
They bank when nuclear plants are created, maintained, and decommissioned.
They are used across a range of medical applications.
They are used for industrial purposes.
Hard to imagine that this company would fall of a cliff given how diversified and fundamental to different use cases their products are. At the same time, can see plenty of upside – whether that is through military of civil / energy use increasing dramatically.
Lastly – find my one other nuclear play that (a) actually has a solid profit, and (b) is not trading at a multiple 10x that of MIR.
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