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NVT - nVent Electric: Growth To Continue Further In 2024
June, 12 2024 06:50 PM
nVent Electric plc
2024-06-12 18:50:54 ET
Summary The company's sales should continue to grow as demand remains healthy in most of the verticals. Margins prospects also look good due to positive pricing and expected volume growth in the coming quarters. The growth strategy focused on new products, global expansion, and acquisitions should continue driving revenue in the long term. The stock is currently trading slightly above its historical average, but is still a good buy considering the growth prospects.
The Thesis For further details see:
nVent Electric: Growth To Continue Further In 2024
Stock Information
Company Name:
nVent Electric plc
Stock Symbol:
NVT
Market:
NYSE
Website:
nvent.com
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