If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, NN (NNBR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
NN, Inc. is upgraded to Buy as sales growth and end-market diversification materialize, especially in Data Center and Electric Grid. Management has raised 2026 guidance three times, with Q2 net sales up 19.3% and adjusted EBITDA margin expanding to 13.9%. AI-driven data center liquid cooling and new awards in medical and defense are accelerating NNBR's shift away from automotive cyclicality.
NN, Inc. earns a Strong Buy rating, driven by a guidance raise, strategic NVDA partnership, and robust expansion in China. Refinancing has reduced annual interest expenses by 57%, materially improving NNBR's bottom line and addressing prior debt-related concerns. Revenue growth is fueled by liquid cooling for data centers, with 100% of new capacity pre-sold and incremental segment revenue targets highly achievable.
| Industrial Conglomerates Industry | Industrials Sector | Harold C. Bevis CEO | XDUS Exchange | US6293371067 ISIN |
| US Country | 2,300 Employees | 6 Sep 2019 Last Dividend | 6 Dec 1995 Last Split | 15 May 1994 IPO Date |
NN, Inc., a prominent player in the field of high-precision component and assembly manufacturing, services a broad spectrum of end markets across both domestic and international territories. Founded in 1980 and based out of Charlotte, North Carolina, NN, Inc. operates through its two fundamental segments: Mobile Solutions and Power Solutions. These segments collectively cater to a diverse range of industries, including automotive, general industrial, aerospace and defense, medical, and more, showcasing the company's versatility and commitment to quality in manufacturing.
This segment focuses on producing system-critical components vital for a variety of uses in the automotive, general industrial, and medical fields. Key applications include power steering, braking systems, transmissions, gasoline fuel systems, diesel injection, diesel emissions treatment, and heating, ventilation, and air conditioning (HVAC).
Specializing in high-precision metal and plastic components, assemblies, and finished devices, the Power Solutions segment serves the needs of the electrical, general industrial, automotive, aerospace and defense, and medical markets. Its product line encompasses electrical contacts, connectors, contact assemblies, and precision stampings. Furthermore, it offers tools and instruments crucial for orthopedics and medical/surgical applications, emphasizing the segment's role in advancing transportation electrification and power control.