July 22, 2024

611% PROFIT ON PWR — AI BENEFICIARY, MAYBE HURT BY TRUMP

By Nigam Arora & Dr. Natasha Arora

Quanta Services Inc (PWR) is long from $37.  It is trading at $263.21 as of this writing.  This represents a gain of 611%.   PWR has moved up because it is AI adjacent.

PWR is a contractor that works for electric utilities and on electric grid modernization.  Demand for electricity is going to grow substantially because AI data centers are power hungry.

Trump

Trump talked about infrastructure in his speech in a positive way.  However, in The Arora Report analysis, there is a concern that Trump will pullback provisions of Biden’s Inflation Reduction Act.  This act provided substantial government funding for infrastructure.… Please click here or the title below to read more.

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