Company Overview - Preformed Line Products Company (NASDAQ:PLPC) develops and supplies infrastructure hardware and systems for energy, telecommunications, and data networks, including fiber optic cables, connectors, insulators, protective closures, and motion control devices [2] - The company also provides drone inspection services, solar framing, and EV-related products, serving utilities, communication providers, contractors, and government agencies [2] Market Position - The stock is perceived as undervalued despite strong performance, trading at a discount compared to peers in the industrial sector [1] - The company is involved in the construction of data centers, which has led to multiple stocks in this sector trading at a discount [1] Investment Considerations - While PLPC shows potential as an investment, certain AI stocks are suggested to offer greater upside potential and carry less downside risk [3]
Jim Cramer on Preformed Line Products: “Business is Good”