·3 min read
Argan (AGX) Doubled Its Backlog to $2.9B — The Power Shortage Is Its Business Model
Argan is up ~90% YTD and 1,000% in five years: Q1 revenue +50% to $291M, EPS nearly doubled, backlog up from $1.4B to $2.9B, zero debt. America is short power plants — Argan builds them.