Study of Davidson’s picks
- 10/16/2025 – Subs: Upgraded – ValuePlays – AGX, ATRO and CPS
“Davidson” pick already up 135% since 4/1/25 upgraded
When you focus on the management track record you tend to be early in the cycle and may even buy higher than the eventual lows. For most the buying range the beginning of this suggestion Oct 2018 was $54 down to $33shr. Management’s track record was exceptional with no debt and has finally caught the attention of a large Wall Street firm. The surge in spending for power plants remains early despite all the announcements since the AI craze began. Reshoring will add considerable additional demand for power.
Our GTC Sell at $340shr for about 80%-90% of holdings still expects an eventual price of $400-$500shr range. It simply makes sense to take some profits from a huge gainer to diversify into issues with better potential from this point forward.
News headline:
Argan strikes new all-time high after JPM upgrades as underappreciated AI play
