Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products are essential and ubiquitous in electrical distribution networks through a range of end-user applications. Its products include power transformers, furnace transformers, converter transformers, unitized substations, control & automation products, low voltage distribution products, medium voltage distribution products and others. It supports solid industries, such as oil and gas, mining, steel, waste and water treatment, commercial construction, data centers and wind power generation. It has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe.


TSX:HPS.A - Post by User

Post by Torontojayon Feb 14, 2024 12:49pm
241 Views
Post# 35880049

Better than Hammond Power

Better than Hammond Power

A little known company in the US called Preformed Line Products offers much better value at the moment than Hammond Power does imho. I think valuations are a little stretched at the moment. 

It also comes up on my defensive stock screener as both a defensive play while offering compelling growth at the same time. The stock price (plpc) has just about doubled in the last 3 years and I think it can go higher from here. 


 

<< Previous
Bullboard Posts
Next >>