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tz-plus logo Argan: From Market Panic to Greed! Infrastructure Giant Argan Leads with 2.9 Billion Order Backlog!

A. Wimbauer
Reading Time: 3 minutes

Just two weeks ago, the Fear & Greed Index indicated massive fear in the market with a value of 14. Now, the indicator has flipped to greed within two weeks, reaching a value of 56. Sectors like "Industrials" are performing well. Argan leads the "Engineering & Construction" sector with almost 28% profit. Why is it doing so well? Argan provides turnkey construction services for the energy sector Construction of the 1,350 MW combined cycle power plant in Texas can begin Order backlog has more than doubled to 2.9 billion USD The business...

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