Billionaire Lee Cooperman’s Top 15 Long-Term Stock Picks

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8. Mirion Technologies, Inc. (NYSE:MIR)

Number of Hedge Fund Holders: 31

Omega Advisors’ Stake: $88.8 million

Mirion Technologies, Inc. (NYSE:MIR) is a global leader in radiation safety, science and medicine, with a diverse portfolio of products and services that protect people from the harmful effects of ionizing radiation. This company presents a promising opportunity for investment, backed by multiple factors. Firstly, according to the report of the third quarter of 2024, GAAP net loss per share for the third quarter was $0.07, compared to $0.06 in the third quarter of 2023, and adjusted earnings per share for the quarter was $0.08, compared to $0.05 in the same period last year. Also, Adjusted EBITDA was $45.7 million, a 17.8% increase from $38.8 million in the same period last year. This demonstrates that despite the slight net loss, a strong improvement in adjusted earnings per share was seen, which indicates better operational performance. Secondly, the company was awarded strategic contracts for Sizewell C’s new nuclear power station project in the UK, which would help the company contribute more to reliable energy solutions for the future and attract investors.

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