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Woodward, Inc. (WWD) to Spend $200 Million to Build 300,000-Square-Foot Factory; UBS Maintains Its Buy Rating with $299 PT
Yahoo Finance· 2025-10-08 14:02
Core Insights - Woodward, Inc. (NASDAQ: WWD) has garnered significant hedge fund interest and is trending on Reddit, earning a place among the 10 Best Non-Tech Stocks to Buy According to Reddit [1] Group 1: Financial Outlook - UBS analyst Gavin Parsons maintained a Buy rating on Woodward, Inc. with a price target of $299, highlighting the company's positive outlook driven by the growth of the China LNG heavy-duty truck market [2] - The revenue projection for Woodward, Inc. appears well-positioned, with increased demand attributed to LNG's cost advantages over diesel [2] Group 2: Operational Developments - Woodward, Inc. announced plans to invest approximately $200 million to build a 300,000-square-foot factory for aviation parts in Greer, South Carolina, expected to commence operations in 2027 and create around 275 jobs [3] - The fourth quarter is typically the peak season for LNG and electric truck sales, which supports the company's ability to meet or exceed revenue and EBIT expectations in the short term [3] Group 3: Company Overview - Woodward, Inc. is a global manufacturer of control system components serving the commercial and energy sectors, as well as the aerospace and industrial markets [4]
10 Best Non-Tech Stocks to Buy According to Reddit
Insider Monkey· 2025-10-07 03:04
Core Viewpoint - The article discusses the shift in investment focus towards non-tech stocks, particularly those favored by Reddit investors, as a response to changing market conditions and interest rate forecasts [1][2][3]. Group 1: Market Trends - The top-performing sectors of the S&P 500 in 2025 include utilities, financials, and industrials, indicating a broader market leadership beyond technology [1]. - Recent months have seen non-tech sectors achieving new all-time highs, contrasting with 2023-2024 when growth was primarily driven by IT and communication services [2]. - The market's response to U.S. Federal Reserve signals has led to a rotation away from tech stocks, with concerns about overvaluation amid high interest rate forecasts [2]. Group 2: Investment Strategy - Reddit investors are increasingly selecting non-tech companies for stability and long-term growth, highlighting better fundamentals and reduced exposure to Fed policy risks [3]. - The article presents a list of the top ten non-tech stocks to buy, based on trending discussions on Reddit and hedge fund interest as of Q2 2025 [6]. Group 3: Company Highlights - **Comfort Systems USA, Inc. (NYSE:FIX)**: - Supported by hedge fund interest, the stock has seen a 67% year-to-date increase, reaching a record high of $825.78 [10]. - UBS maintains a Buy rating with a price target of $875.00, citing strong fundamentals and a capital-light business model [10][11]. - The company provides mechanical, electrical, and plumbing services across the U.S. [12]. - **Woodward, Inc. (NASDAQ:WWD)**: - Also trending on Reddit with significant hedge fund interest, the company is well-positioned due to growth in the China LNG heavy-duty truck market [14]. - UBS has a Buy rating with a price target of $299, emphasizing the company's revenue projections and demand for LNG [14][15]. - Woodward manufactures control system components for various sectors, including aerospace and energy [16].