I bought Powell Industries in June 2024, and I’m still holding. Here’s why

• Powell Industries (POWL) achieved gross borderline enlargement to 31.4% successful Q4 FY2025 and bushed EPS statement successful each quarter, portion booking its archetypal information halfway megaproject exceeding $75 cardinal successful Q1 FY2026 with full information halfway orders surpassing $100 cardinal successful the quarter.

• A grounds $1.60 cardinal backlog with 1.7x book-to-bill ratio positions Powell to capitalize connected sustained electrical inferior buildout, LNG export expansion, and accelerating information halfway powerfulness infrastructure request crossed a multi-year gross cycle.

• Read: I Review Investing Platforms For A Living, And SoFi Crypto Finally Changed My Mind

Powell Industries (NASDAQ:POWL) has been 1 of my champion decisions successful caller memory. I bought shares successful June 2024 astatine $55.17 per share, and arsenic of April 7, 2026, the banal sits astatine $201.70, a summation of 265%. I've been watching beauteous overmuch each net release, backlog update, and bid announcement from Powell for astir 2 years now, and the thesis has lone gotten stronger.

Powell makes custom-engineered electrical switchgear and organisation instrumentality for utilities, LNG terminals, petrochemical plants, and concern facilities. The U.S. was successful the aboriginal innings of a grid infrastructure buildout, LNG export capableness was expanding rapidly, and Powell had a increasing backlog pointing to years of disposable revenue. The banal was inexpensive comparative to expected net power.

Execution has been the story. Gross margins expanded consistently: 29.9% successful Q2 FY2025, 30.7% successful Q3, 31.4% successful Q4, and 28.4% successful Q1 FY2026. EPS bushed statement each quarter: +11%, +5%, +12%, and +17%.

Read: I Review Investing Platforms for a Living, And SoFi Crypto Finally Changed My Mind

I’ve spent years reviewing investing platforms crossed stocks, options, ETFs, and present crypto. Most crypto platforms autumn into 1 of 2 categories: fast-moving exchanges with regulatory uncertainty, oregon accepted fiscal firms that dainty crypto similar an afterthought. SoFi Crypto is 1 of the precise fewer platforms that breaks that mold.

The information halfway space arrived arsenic a bonus. In Q1 FY2026, Powell booked its archetypal information halfway megaproject exceeding $75 million, with full information halfway orders exceeding $100 cardinal successful the quarter. CEO Brett Cope explained:

"The accelerated gait of information halfway improvement and AI concern is starring to larger and much galore opportunities for Powell successful our Commercial & Other Industrial market, demonstrated by the increasing marketplace accidental for our medium-voltage switchgear merchandise to grip the powerfulness demands of larger information centers with greater computing power."