nVent Electric (NVT) Anticipates Strong Growth Post Portfolio Transformation Despite AI Skepticism. Seaport Research Upgrades Rating and Sees 30% Upside Potential.
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nVent Electric (NVT) is a leading provider of electrical connection and protection solutions. The company offers a wide range of products, including enclosure technology, thermal management, and electrical fastening solutions. Recent growth has been driven by acquisitions, particularly the purchase of Trachte, as well as strong performance in the infrastructure sector, especially in data solutions. In 2024, nVent launched approximately 90 new products, contributing more than two percentage points to revenue growth. The thermal management business...
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