15 Stocks with Buy Ratings that Hedge Funds Love

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12. Comfort Systems USA, Inc. (NYSE:FIX)

No. of Hedge Funds: 50

Value of the hedge funds: $0.81 billion

Comfort Systems USA, Inc. (NYSE:FIX) is a Texas-based company that provides mechanical contracting services. It offers solutions like HVAC, plumbing, and electrical systems for commercial, industrial, and institutional buildings. The services include design-build, installation, maintenance, and energy efficiency solutions. The company is positioned to benefit from infrastructure modernization. Serving hospitals, schools, and data centers, the company generates market share through regional autonomy and a strong presence in retrofit and upgrade markets. It is among the best stocks with Buy ratings.

Comfort Systems USA, Inc. (NYSE:FIX) has gained traction among hedge funds. Insider Monkey database noted 50 hedge funds had invested $810 million in stock at the end of Q4 2024. In 2024, the company’s revenue increased by 35%, reaching $7 billion. The major contributor was the same-store revenue growth, which reached a 22% increase in Q4. Comfort Systems’ backlog stands at an all-time high of $6 billion, indicating a growing demand in various sectors. Recent acquisitions like the Summit Industrial Construction and Century Contract positively contribute to the company’s growth and revenue, which is expected to continue into 2025.

A 36.52% EPS growth rate over five years signifies increased profitability from the company’s business operations. Though among the lesser-known stocks, the future expectations for the company have gained it a Strong Buy rating among investors.

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