Here's Why You Should Hold EnerSys (ENS) in Your Portfolio
EnerSys(ENS) Zacks Investment Research·2024-04-08 22:51
EnerSys (ENS) has been witnessing solid momentum in its Specialty segment, supported by strong orders in transportation, aerospace and defense markets in the United States and Europe. The segment’s revenues increased 6.8% year over year in the third quarter of fiscal 2024 (ended December 2023). Strength in automation and electrification markets has been driving the performance of the Motive Power segment. The global megatrends, including 5G expansion, rural broadband build-outs, electrification, automation ...