Mirion Technologies: Smart Way To Be Bullish On Clean Energy

peterschreiber.media Contrarian’s hypothesis Mirion Technologies, Inc. (NYSE:MIR) has a long history of evolution. It initially formed through the merger of several businesses in 2005, slowly growing through acquisitions in the subsequent years. In 2021, it became public by merging with a special purpose acquisition company (SPAC). The stock is currently down 20% from its deSPAC price and 40% down from its all time highs, largely reflecting the overall market sentiment and the souring sentiment on SPACs. But what is the market missing in this particular stock that makes it such a great contrarian play? Stock Price Performance (Y Charts) With the ongoing clean energy revolution, if one were to completely replace fossil fuels, reliable baseload generation can be addressed only by nuclear energy. Perception of nuclear industry has flip-flopped over the decades, and this has an…

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