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Why HVAC Stocks Can Keep Beating the Market

The summer heat is nearing an end, but nothing is cooling off HVAC stocks.

The heating, ventilation, and air-conditioning business is rapidly becoming one of the most consistent end markets in the industrial universe. It’s also becoming an important ESG play, and it benefits from post-Covid back-to-work trends. Profits—and valuation multiples—are expanding.

The…

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