Related posts
Weekly 52-Week Low (or 52-Week High): TFII-T, CCO-T, NPK-T, MTY-T and More 52-Week Highs and Lows (Apr 10-16)This summary was created by AI, based on 4 opinions in the last 12 months.
Experts are generally positive about Hammond Power Solutions Inc. (HPS.A-T), emphasizing the company's role in providing equipment for the electrical business and its potential for capital gains. The increasing demand for power in big tech, data centers, and electric vehicles is also seen as a positive indicator for the company's future prospects. However, there is caution about the stock's recent surge and the need to assess its sustainability.
Shares have taken off due to the electrification of the grid, driven by EV demand. Kudos if you own this, but he doesn't buy smallcaps. Owners own a lot of shares. Needs to research this more.
Big tech and data centres need more power, because AI consumes a lot. Hammond plays into this.
Surprisingly, this is doing well, returning 10x your investment over 2 years. HPS has benefited from the boom in energy storage and data centres. Revenues and margins have shot up, so can they sustain this? He doesn't chase stocks that have shot up.
Canadian company that produces equipment for electrical business. Demand for EV cars, and electricity in general creating strong demand for products. Outlook for business very strong. Would expect large capital gains going forward.
Are positioned well. Sadly, he missed buying this much cheaper. This still has legs. Still fairly valued now.
Hold or maybe buy more. It is dominant in electrical transformers. Businesses overseas are starting to turn around. Their end markets are all doing very well right now. It should do well over the next few years. It checks a lot of the boxes for him.
Make smaller-scale electric transformers, with a pretty dominant market share, and could benefit from future increased number of electric vehicle stations. Really well run, clean balance sheet, 2.5% dividend. Sell to US customers in transportation, mining, power, oil & gas, infrastructure, where their end markets are strong and should be strong for several years. Low valuation, significant insider ownership. Good cash flow, could increase dividend and increase earnings significantly. A hidden gem in a niche sector. Canadian company that benefits from strong US economy. (Analyst’s price target is unknown .)
Hammond Power Solutions Inc. is a Canadian stock, trading under the symbol HPS.A-T on the Toronto Stock Exchange (HPS.A-CT). It is usually referred to as TSX:HPS.A or HPS.A-T
In the last year, 4 stock analysts published opinions about HPS.A-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hammond Power Solutions Inc..
Hammond Power Solutions Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Hammond Power Solutions Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Hammond Power Solutions Inc. In the last year. It is a trending stock that is worth watching.
On 2024-04-24, Hammond Power Solutions Inc. (HPS.A-T) stock closed at a price of $136.42.