Brendan Caldwell Comfort Systems USA FIX-N PAST TOP PICK Dec 30, 2024

Extremely boring. A/C, heating, ventilation, factory systems. Very good earnings, which should grow faster than the market thinks. Popped on earnings, but still room to run based on the reindustrialization of America. PE is 22x. Yield is 0.48%.

Air conditioning products continue to rise in demand with data center (industrial applications) use rising. More A.I. computing will result in increased demand for cooling systems. 

Picks and shovels theme. Data centres, especially, will need more and more air conditioning.

Will benefit particularly from the rise of data centres which need a lot of cooling. Happy this has done well.