Atkore (ATKR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Atkore shares have fallen recently, but the company remains a long-term growth play on the electrification of the economy. Despite peak earnings coming down, Atkore's earnings power remains impressive in relation to its valuation, making it an appealing investment opportunity. The company's balanced capital allocation model, focus on share buybacks, and modest leverage ratios contribute to its attractiveness as an investment.