Apr 27, 2026
Hammond Power (HPS-A) added over 20% last week after Trump invoked the Defense Production Act for grid manufacturing capacity, explicitly naming transformers…
… for which America is the company’s dominant end market. The release also lists power control electronics, which bodes well for its $365M acquisition of AEG Power…
… a deal that diversifies Hammond’s product mix, supporting a valuation re-rate towards larger electrification peers.
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