Back to top
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
Chart Industries' (GTLS) IPSMR Technology Selected by Argent
Chart Industries, Inc. (GTLS - Free Report) recently secured a contract from Argent LNG to provide its mid-scale modular liquefaction solution, IPSMR (Integrated Pre-Cooled Single Mixed Refrigerant) process technology, for the latter’s Port Fourchon,LA-based 20 MTPA LNG facility.
Based in Louisiana, Argent is engaged in offering LNG and LNG-related services to its customers. With a focus on innovation, efficiency and care for the environment, Argent aims to play a crucial role in the future of U.S. energy exports.
Chart Industries’ IPSMR technology helps in enhancing efficiency and performance in liquefaction systems. It helps LNG facilities to optimize resource utilization and reduce operational costs. Its modular design facilitates customization, thereby improving adaptability to various site conditions and gas turbine power specifications.
The IPSMR technology will enable Ardent to offer an optimal solution to the market, thus catering to the increasing demand for LNG-related services. Also, Chart Industries is expected to book another IPSMR technology and equipment order in 2025.
Zacks Rank
Chart Industries currently carries a Zacks Rank #3 (Hold). In the year-to-date period, GTLS stock has gained 5.3% compared with the industry’s 1.9% rise.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked companies from the Industrial Products sector are discussed below:
Applied Industrial Technologies, Inc. (AIT - Free Report) presently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter average earnings surprise of 8.2%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for AIT’s fiscal 2024 earnings has improved 0.9% in the past 60 days. The stock has risen 11.8% in the year-to-date period.
Belden Inc. (BDC - Free Report) presently carries a Zacks Rank of 2 and has a trailing four-quarter earnings surprise of 14.7%, on average.
The consensus estimate for BDC’s 2024 earnings has increased 8.3% in the past 60 days. Shares of Belden have gained 19.2% in the year-to-date period.
Crane Company (CR - Free Report) presently carries a Zacks Rank of 2. CR delivered a trailing four-quarter earnings surprise of 15.2%, on average.
The Zacks Consensus Estimate for CR’s 2024 earnings has increased 0.8% in the past 60 days. Its shares have gained 22.5% in the year-to-date period.