POWL Stock Recent News

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.

POWL is making strides in the lucrative oil and gas, and petrochemical markets, which makes the stock worth a watch amid rising operating expenses and intense competition.

POWL, PGR, and STRL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 30, 2024.

Powell Industries (POWL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Zacks.com users have recently been watching Powell Industries (POWL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

POWL, NCLH, and APP made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 13, 2024.

Powell Industries (POWL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.