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DeepSeek’s scare in January sent $FIX stock tumbling 30% from all-time highs of $553.08. Fears of waning data center demand has caused investors to turn away from this MEP consolidator. Yet, Comfort Systems USA (FIX) delivered record Q1 results, highlighted by 19% revenue growth, 54% operating income growth, and $6.9 billion backlog. A beneficiary of megatrends such as AI data center buildout, and manufacturing reshoring, FIX is a comfortable compounder with a proven strategy for growth. Despite macro risks like cost inflation, we believe strong backlog visibility into 2026 and an entrenched position across the industrial economy positions FIX for sustained growth.
Initiating Coverage - Overweight ($475.00 PT)
Interested? Feel free to visit the full report below or on the "Reports" page. We write detailed reports for stocks in 6 sectors: TMT, Consumer, Industrials, Healthcare, FIG, Energy & Sustainability.