Oct. 24 at 11:48 AM
$FIX did you read the earnings? EPS doubled year over year, backlog rose over 9B for the first time and since then beginning of the year they’ve added 3.4B in work. This earnings call should help fuel another AI rally. If HVAC companies have grown a backlog by 40% in 9 months time, what do you think the AI hardware companies are seeing? The data center folks, the companies that install the servers and build rack systems installed in the data centers. This means all ai stocks NVDA, MU, TSSI, ETN, APH, AMD, Lam research, avgo, and the list goes on! If a HVAC company demand increased like that, then what do you think the rest of the sector is gonna do? These were some of the best earnings one can read through. They made 1.5B profit year to date and q3 was 607M profit and next quarter and several quarters to come should be even higher. Not to mention the EPS is so high a stock split is more than warranted at these levels. Beat and raised guidance. Someone needs to do some reading
