Strong Fundamentals Give This Stock Stability |
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Argan, Inc. (AGX) caught a little tailwind today, up as high as 10%* after the recent DeepSeek announcement caused it to stumble.
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An AI-adjacent company, Argan is an energy infrastructure supplier with strong fundamentals and steady growth. We added Argan to the Alpha Picks portfolio last October, citing its $1B backlog and solid expertise in renewable energy solutions as part of its appeal. "Argan," we said, "is poised to continue capitalizing on significantly higher energy demand in the wake of the AI revolution."
And that thesis still holds.
Argan took a dip in the wake of DeepSeek's recent AI breakthrough announcement, but that dust has finally started to clear, and the company continues to reinforce its 'Strong Buy' rating. Argan posted solid numbers in its December FQ3 report, beating both earnings and revenue estimates by healthy margins. Argan's guidance suggests it will continue that upward trajectory.
Now, sitting at just over $140 per share, this stock is up over 20% since being added to the Alpha Picks portfolio.**
And that's the power of an emotion-free approach.
Alpha Picks employs a buy-and-hold strategy, built on Quant, and backed by a foundation of strong fundamentals. This approach removes emotion from the investing process, producing long-term growth that can withstand market turbulence.
Collectively, the Alpha Picks portfolio is up 174% since its inception, compared to just over 59% for the S&P 500.***
Join today and get immediate access to the entire Alpha Picks portfolio, plus two new 'Strong Buy' stocks every month, in-depth analysis, webinars, and more. |
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**AGX performance is as of February 5, 2025 mid-market. **AGX portfolio returns are calculated from October 15, 2024, to February 5, 2025. ***Alpha Picks performance is as of February 5, 2025. S&P 500 performance is as of February 5, 2025. Alpha Picks adds two stocks per month – on the closest business day to the 1st & 15th. Alpha Picks removes stocks based on rating thresholds (i.e., when a rating changes to a sell). Performance is calculated and reported daily using time-weighted returns. For more details on the performance calculation and methodology of Alpha Picks, click here.
Past performance is no guarantee of future results. Alpha Picks does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Any content and tools on the platform are offered for information purposes only. Any views or opinions expressed may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker, US investment adviser, or investment bank. | Sent by Seeking Alpha, 244 5th Ave, Suite 2705, New York, NY 10001 This email was sent to you because you signed up to receive marketing emails. |
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https://email-st.seekingalpha.com/oc/629888ce0c4303264f02dffemwyjx.1zztw/fd722384 |
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