Powell Industries: 63% Order Explosion! Powell Fuels the Power Hunger of LNG and Data Centers!
Reading Time: 3 minutes
Kevin Warsh is set to become the next chairman of the Fed, intensifying the question of how many interest rate cuts are to come. The market is pricing in two reductions. This should significantly boost project activity. Powell Industries leads the "Electrical Equipment & Parts” sector with nearly 40% and is likely to benefit greatly in the future. Why? Powell Industries produces systems for the distribution of electrical power Acquisition of Remsdaq and expansion of production capacity Increase in orders by 63% through LNG...
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