POWL Stock Recent News

Powell Industries: A Buying Opportunity Amid Slowing Growth Concerns, As Fundamentals Remains Strong

Powell Industries (POWL) concluded the recent trading session at $231.16, signifying a +0.78% move from its prior day's close.

Investors interested in stocks from the Manufacturing - Electronics sector have probably already heard of Powell Industries (POWL) and Kone Oyj Unsponsored ADR (KNYJY). But which of these two stocks is more attractive to value investors?

Powell Industries (POWL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

AppLovin, Silvercorp Metals and Powell Industries have been selected as the top picks with a high net income ratio.

Powell Industries plays a critical role in the AI value chain, focusing on electrical infrastructure solutions. If you consider electricity infra as the critical limiting factor and not chips, then you will likely appreciate POWL's thesis. Powell has exposure across the value chain and is diversified among several industry verticals.

An investment in small-cap stocks over the past three years has been dead money.

Powell Industries' revenue surged by 50% in Q3 YoY to $288.17 million. With a $1.34 billion backlog along with robust orders of $789 million and investments in sustainable energy, Powell is poised for long-term growth. I like POWL due to its robust balance sheet with significant cash in hand and zero debt.

Powell Industries (NASDAQ: POWL) is a small-cap industrial stock with strong growth potential, driven by demand in petrochemical and electric utility sectors. The company boasts a solid cash position, no debt, and improving margins, making it financially flexible and promising for future growth. Despite risks from larger competitors and reliance on subcontractors, Powell Industries' revenue and earnings are expected to grow significantly.

Highly shorted Powell Industries (POWL) has done well in the past few years, making it one of the best-performing companies in Wall Street. It has risen in the last two consecutive months, reaching a record high of $247, up by 1,282% from its lowest point in 2023.