- Regal Beloit posted not only strong revenue growth and margin leverage, but sales and profit results comfortably ahead of expectations despite supply chain pressures.
- HVAC remains a red-hot market for Regal, but alt energy, automation, and data center are looking pretty solid as well.
- RBC has more leverage to popular long-term industrial growth themes like automation and HVAC than seems to be appreciated by the market, and the shares offer attractive long-term potential here.
For further details see:
Regal Beloit Still Underappreciated On Its Recovery, Expansion, And M&A Leverage