Long Cast Advisers reported a 4% improvement in cumulative net returns for the third quarter of 2025. The fund has returned 266% net of fees since its inception in November 2015. Check out the fund’s top 5 holdings for potential investment picks for 2025.
Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) was highlighted in Long Cast Advisers’ third-quarter 2025 investor letter. The one-month return was -4.36%, with shares losing 10.31% over the last 52 weeks. On November 28, 2025, stock closed at $12.27 per share, with a market cap of $227.212 million.
Long Cast Advisers discussed the start-up of the vitrification plant at the Hanford nuclear site, which will increase secondary waste volumes for processing at Perma-Fix Northwest. The company expects monthly revenues of up to $2M in 2026, leading to an annuity-type business for decades.
Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) is not among the 30 Most Popular Stocks Among Hedge Funds. Eight hedge fund portfolios held PESI at the end of Q3 2025. Revenue for Q3 2025 was $17.5 million, up from $16.8 million in Q3 2024. While PESI shows potential, certain AI stocks may offer greater upside with less risk.
Read more at Yahoo Finance: Perma-Fix Environmental Services (PESI) Is Expecting $2M in Monthly Revenues in 2026
