8. Forgent Power Solutions Inc. (NYSE:FPS)
Stock Upside Potential: 22.37%
Year-to-Date Gain: 21.17%
Forgent Power Solutions, Inc. is gaining recognition as a direct beneficiary of the expansion in AI infrastructure and data center capacity.
On April 15, Barclays identified the company as one of the top U.S. electrical equipment stocks to own, highlighting its exposure to the build-out of digital infrastructure. The bank noted that Forgent is among the companies positioned to benefit from increased hyperscaler capital expenditure tied to artificial intelligence data centers.
The company reported a 69% increase in fiscal second-quarter 2026 revenue, reflecting strong demand across all major end markets. According to Chief Executive Officer Gary Niederpruem, demand for its products continues to exceed expectations, indicating sustained growth rather than a temporary surge.
Margins are expected to expand in the third quarter and further improve in the fourth quarter as production volumes increase. This combination of revenue acceleration and margin expansion places Forgent among the top growth stocks to watch.
Its core business—designing and manufacturing electrical distribution equipment for data centers, power grids, and industrial facilities—positions it directly in the path of long-term infrastructure spending trends.
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