3 Reasons to Buy Chart Industries (or Flowserve Corporation) Like There's No Tomorrow
Investors are always searching for new and exciting ways to play the AI revolution, with one being electricity providers. Specifically, nuclear energy stocks have taken off over the past year, given the newfound need for more low-carbon electricity.In spite of that, some industrial stocks that supply the nuclear and natural gas industries really haven't moved very much. Case in point, equipment suppliers Chart Industries (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) decided to link up in a "merger of equals," on June 4.The tie-up of these key equipment suppliers should save costs while also strengthening both companies' exposure to these crucial LNG and nuclear markets. After the announcement, both stocks look like huge bargains -- a rarity for any AI-exposed stock.Continue reading
Investors are always searching for new and exciting ways to play the AI revolution, with one being electricity providers. Specifically, nuclear energy stocks have taken off over the past year, given the newfound need for more low-carbon electricity.
In spite of that, some industrial stocks that supply the nuclear and natural gas industries really haven't moved very much. Case in point, equipment suppliers Chart Industries (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) decided to link up in a "merger of equals," on June 4.
The tie-up of these key equipment suppliers should save costs while also strengthening both companies' exposure to these crucial LNG and nuclear markets. After the announcement, both stocks look like huge bargains -- a rarity for any AI-exposed stock.
