Powell IndustriesNASDAQ: POWL

Electricity transmission is a hot investment theme today

Zacks.com users have recently been watching Powell Industries (POWL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Powell Industries' revenue surged by 50% in Q3 YoY to $288.17 million. With a $1.34 billion backlog along with robust orders of $789 million and investments in sustainable energy, Powell is poised for long-term growth. I like POWL due to its robust balance sheet with significant cash in hand and zero debt.

Powell Industries (NASDAQ: POWL) is a small-cap industrial stock with strong growth potential, driven by demand in petrochemical and electric utility sectors. The company boasts a solid cash position, no debt, and improving margins, making it financially flexible and promising for future growth. Despite risks from larger competitors and reliance on subcontractors, Powell Industries' revenue and earnings are expected to grow significantly.

Highly shorted Powell Industries (POWL) has done well in the past few years, making it one of the best-performing companies in Wall Street. It has risen in the last two consecutive months, reaching a record high of $247, up by 1,282% from its lowest point in 2023.

POWL is making strides in the lucrative oil and gas, and petrochemical markets, which makes the stock worth a watch amid rising operating expenses and intense competition.

Investors looking for stocks in the Manufacturing - Electronics sector might want to consider either Powell Industries (POWL) or Eaton (ETN). But which of these two stocks offers value investors a better bang for their buck right now?

Powell Industries (POWL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Zacks.com users have recently been watching Powell Industries (POWL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.