NVT - 3 Top Mid-Cap Stocks to Buy Right Now
It's not easy to find great-value stocks in the market right now. Still, I think electrical products company nVent Electric (NYSE: NVT) , specialty chemicals distributor Univar Solutions (NYSE: UNVR) , and painting and coatings company Axalta Coating Solutions (NYSE: AXTA) are all excellent stocks for value-orientated investors. Here's why.
The company is not a household name among investors, but that doesn't mean it's a bad investment. The case for buying the stock rests on its products' critical nature and its customers expanding their spending.
nVent is a leader in "connection and protection." The company operates out of three segments. The enclosures segment (around 48% of revenue) connects and protects electronics, communication, and power equipment. The second-largest segment is electrical and fastening solutions (28%) for electrical and mechanical systems. The third, thermal management (24%), provides electric thermal solutions for critical buildings and infrastructure.
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3 Top Mid-Cap Stocks to Buy Right Now