Generac: Backup Generators for Data Centers as the Greatest Opportunity yet – a Deficit of 5,000 Machines Expected by 2026!

Generac Holdings (GNRC) is still regarded by UBS analysts as the "dominant provider" of backup generators. The experts foresee a price target of $220 (Buy) due to the recovery in the important residential sector, particularly thanks to higher shipments in Puerto Rico, the second-largest US battery storage market. According to Aaron Jagdfeld, there is now a heightened baseline demand for backup generators following significant power outages in the second half of last year. Last year alone, the total outage time in the US amounted to 1.5 billion...