AI Stocks Crashed, But This One Didn't

Find overlooked small caps at https://www.overlookedalpha.com The electrification of the economy, reshoring and the AI boom all require huge amounts of electricity which needs to be reliable and uninterrupted. Natural gas provides that and Argan’s backlog now sits at $2.8 billion, almost 3 times last year’s revenue. The company also has a strong balance sheet with $974 million of cash and no material debt. That matters because large fixed-price power projects are risky, and customers want to work with contractors that have the financial strength to finish the job. Management says that only a limited number of firms can execute these complex projects which creates scarcity value. ABOUT ME Joe is the original founder of 3-minute Breakdowns and editor for Overlooked Alpha, the number one newsletter for overlooked investing ideas and stock market analysis. Joe evaluates companies from a business-first perspective, searching for things that the market has got wrong and waiting for the 'fat pitch'. LINKS My website: https://www.overlookedalpha.com/ Koyfin charts: https://www.koyfin.com/affiliate/overlooked-alpha/?via=3mb TikTok: https://www.tiktok.com/@overlookedalpha X: https://x.com/OverlookedAlpha DISCLAIMER & DISCLOSURE This content is for educational and entertainment purposes only. 3-Minute Breakdowns is not a registered investment advisor and does not provide financial recommendations (only opinions). The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. The author reserves the right to buy and sell or change his position in a particular stock at any time. This description contains affiliate links that allow you to find the items that I personally use and recommend. Thank you for your support.