nVent Electric PLC
NVT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|z< | LOCK|nRM! | LOCK|Dtf^&^ |
nVent Earnings: Liquid Cooling for Data Centers Drives Results Much Higher
In the second quarter, nVent produced an exceptional result, with net sales of $1.47 billion rising 53% year on year, or 47% organically. We are issuing a correction, as we previously referred to “liquid cooling” as “immersion cooling,” which is a type of liquid cooling that didn't drive sales.
