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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 microcaphobbyon Jun 25, 2023 5:41pm
178 Views
Post# 35513775

from Barron's magazine

from Barron's magazineBut what to buy? One plausible strategy is don’t fight the federal government. Look for popular stocks with improving outlooks tied to the reshoring of manufacturing, infrastructure spending, and the electrification of everything, a catchall term for the effect that EVs and renewable energy are having on the economy. These are all getting a boost from the $1.2 trillion Infrastructure Investment and Jobs Act and the $500 billion Inflation Reduction Act.
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