As the power demand is expected to boost in the years ahead, exploring opportunities in the power infrastructure market could be a prudent strategy. iShares U.S. Power Infrastructure ETF ( POWR ) offers access to broader U.S. power infrastructure market, givenKomal is passionate about finance and the stock market. She enjoys forecasting future market trends using a fundamental and technical approach with a focus on both short- and long-term horizons. She intends to provide unbiased analysis to assist invest ...

February 3, 2026 02:00 PM GMT Powering AI The 100GW Opportunity Asia's demand for compute is rising and accelerating power infrastructure investments in the region. We estimate compute power demand to grow at a similar rate to the US, reaching over 100GW by 2030 and driving US$140bn of value creation among our Powering AI preferred picks. Power consumption is outpacing expectations as demand rises from AI to onshoring around the world and in Asia. We estimate compute power needs will grow at a 23% CAGR thro ...

Core Insights - The demand for electricity is driving a corresponding need for power plants and infrastructure, positioning Argan (NYSE: AGX) to benefit significantly from this trend [1] - The industrial construction project pipeline is expanding rapidly, with investments in power infrastructure expected to grow over the next decade [2] Company Performance - Argan's backlog has reached a record $3 billion as of the third-quarter fiscal 2026 report, up from $1.4 billion just two quarters prior [3][7] - The company maintains a strong balance sheet with no debt and approximately $727 million in cash and equivalents [3][7] - Despite a decline in revenue in the latest quarter, Argan's gross margins, net income, earnings per share, and EBITDA are all showing positive trends [5] Stock Performance - Argan's stock has increased by 118% over the past year, although its price-to-sales ratio has more than doubled from January 2025 to January 2026 [6][7] - The trailing price-to-earnings (P/E) ratio is currently at 45 as of January 16, indicating a higher valuation, which may be justified by the significant power needs domestically and internationally [6] Investment Outlook - Argan is positioned as a long-term investment opportunity, with potential for growth over the next decade [8]