Tyler Crowe

But in 2023, they made an acquisition for a data center-specific cooling company.

Basically, what ended up happening was, with that acquisition, they're

Sales have gone through the roof, backlog is growing like crazy.

But the company had struggled a little bit making that transition from their traditional HVAC equipment to this data center-specific stuff.

Sales and stock performance has suffered because of it.

If you look at it right now, it looks like a lot of the issues they were having with that integration of its acquisition have gone away.

It's starting to look like they're ramping up and really bringing data center chilling, cooling to the forefront here.

Its backlog is up like 100% compared to this time last year.

Management is starting to put some like,

operational efficiencies in place at some of the manufacturing facilities to make this all happen.

It really looks attractive, especially in an industry where you're seeing a lot of companies trading for very, very high premium valuations for the simple fact that everyone's onto this AI picks and shovels play.

This seems to be like a turnaround company where the stock is still beaten down in an industry that is clearly poised for growth.

So it's something that's very interesting to me right now.

John, what do you have?

Well, with airlines, HVAC equipment, and water meters compared to our MAG-7 discussion earlier, it's really like that Monty's Python joke, and now something completely different.

But that's all the time we have for today.

Matt, John, thanks for sharing your thoughts.

I'm going to hit the disclosure, and we'll get out of here.

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