Modine Manufacturing: Data Center Boom Remains A Tailwind - Reiterate Buy
Modine Manufacturing pany(MOD) Seeking Alpha·2024-08-03 14:00
alacatr/iStock via Getty Images We previously covered Modine Manufacturing Company (NYSE:NYSE:MOD) in June 2024, discussing its robust prospects, thanks to the growing demand for zeroemission/ high-density cooling solutions for data center/ EV platforms. This was significantly aided by the divestiture of low growth/ low margin businesses and the acquisition of liquid cooling technologies, allowing the company to tap into the next-gen Data Center infrastructure trends, triggering our Buy rating upon a modera ...