AZZ: Upward Momentum Should Continue
AZZ(AZZ) Seeking Alpha·2024-08-20 17:45
primeimagesInvestment Thesis AZZ Inc. (NYSE:AZZ) has good growth prospects ahead. The company’s revenue should benefit from good demand for infrastructure and manufacturing projects driven by the ramp-up of government funding like the Infrastructure Investments and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPS and Science Act. In addition, the company’s revenue should also benefit from increasing demand for cooling products within the HVAC sector thanks to the transition toward the new refri ...