Powell Industries: Order Momentum And Backlog Strength Outweigh Top Line Noise
Moving into the second half of the year, Powell Industries (NASDAQ: POWL ) continues to experience softness across its topline, primarily due to project timing in its core oil & gas end market. I expect this softness to persistAs a finance enthusiast with experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations and see them doing well in the long run. I enjoy writing ab ...