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HMDPF - Hammond Is A Hold As Transformer Shortage Eases
Hammond Pwr Solutions Inc
2024-05-07 18:07:37 ET
Summary
Hammond Power Solutions shares have increased almost 29% since the initial recommendation, outperforming the S&P.
Q1 results showed moderating volume and price growth, validating initial concerns about the investment.
Revenue growth expectations are limited, and evidence suggests that the transformer shortage is easing. Both create risks for shares at current prices.