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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.


TSX:HPS.A - Post by User

Post by bigbird11on Feb 26, 2023 11:19am
219 Views
Post# 35305783

EARNINGS

EARNINGSExpecting the earnings to be good this quarter. Should push this stock well over $35 this year and if 
expansion goes smoothly in the coming years, I see no problem with this stock reaching $60 + .
They so happen to be in the right business where everybody wants transformers. In my opinion
Hps is in a sweet spot. Low float of stock and few short sellers ( if any). If they happen to get an offer 
to be bought out I am sure there will be more than one offer. This company makes money.

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