Preformed Line Products: A Practical Long on the Grid-Hardware Play
Preformed Line Products (PLPC) is a specialized supplier of hardware for energy and communications networks. After a strong Q2 beat and a 32% U.S. revenue surge, the stock looks attractive on dips given 25% top-line growth, healthy margins, and low leverage. This trade idea targets a tactical long over the next 45 trading days with defined entry, s…