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BWXT - Perma-Fix Environmental: Still A Tremendous Risk-Reward Opportunity
BWX Technologies Inc.
It's been almost 9 months since we last wrote about Perma-Fix (PESI) and we figured the time was right for an update. We are having a hard time understanding the price and feel that it is disconnected from the fundamentals of the business. At a time when the Street seems to be looking through all the affects of COVID-19 and "normalizing" earnings for almost every company, it is not giving PESI credit for execution within this difficult environment, let alone what it could do in a normalized year. We will try to stay extremely high