Here's Why Investors Should Bet on Enersys (ENS) Stock Now
EnerSys(ENS) ZACKS·2024-06-28 01:20
EnerSys (ENS) is poised to gain from strength in the Motive power segment, accretive acquisitions and shareholder-friendly moves.Let’s delve into the factors that make this Zacks Rank #2 (Buy) company a smart investment choice at the moment.Business Strength: EnerSys has been witnessing strength in its Motive power segment, driven by increased orders for its products in the electric industrial forklift trucks market. The segment’s revenues increased 3% year over year in the fourth quarter of fiscal 2024. Ma ...