nVent Electric PLC
NVT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <!Z | LOCK|$!HN! | LOCK|B%mGP# |
nVent Earnings: Immersion Cooling for Data Centers Drives Results Much Higher
nVent produced an exceptional result during the second quarter, with net sales of $1.47 billion rising 53% year on year, or 47% on an organic basis. In turn, adjusted operating margin rose 110 basis points. Shares rallied 7% during the trading day.
