Why These 15 Stocks Are Skyrocketing in 2025

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7. Powell Industries (NASDAQ:POWL)

Number of Hedge Fund Holders In Q3 2024: 26

Powell Industries (NASDAQ:POWL) makes custom electrical power solutions, and some of these are used in data centers.

POWL stock has been surging this year due to stellar performance and upbeat guidance for 2025. Revenue jumped 45% year-over-year to $1 billion, and net income rose 175% to $150 million.

Gross margins have also improved, and the company is seeing a lot of demand in petrochemical and oil & gas markets. The data centers could also fuel huge demand down the line.

Powell Industries noted that its backlog is at $1.3 billion. The cash balance is at $358 million with no debt.

The analyst consensus price target of $312 implies flat upside.

The stock is up 36.12% year-to-date.

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