Sep. 23 at 10:18 AM
$LGN - an undiscovered data center infrastructure winner?
🚀 Blackstone spin-off – backed by one of the strongest PE firms worldwide.
👔 Proven management with deep expertise in mission-critical infrastructure.
🏢 60%+ of Nasdaq-100 companies rely on Legence for high-performance buildings (Apple, Google, Meta, Tesla, etc.).
🔥 AI & Data Center boom → massive tailwind. Every new hyperscale site needs Legence’s energy-efficient HLK & building systems.
🌱 ESG/Decarbonization megatrend → demand for sustainable, efficient buildings only goes up.
📊 Solid fundamentals: ~
$2B revenue, ~
$3B market cap → attractive price-to-sales ratio. Already profitable.
📈 Margin expansion ahead: Scaling in high-margin segments like data centers should lift net margins.
🔒 Mission critical partner: Services are non-optional – once you’re in, you stay in.
👉 In short: Strong owner (BX), blue-chip clients, booming end-market, undervalued multiple. I bought. Thank you @TheBullishTrade