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Exit Case: Powell Industries, Inc. (NASDAQ: POWL)
Overview: Powell Industries, Inc. (NASDAQ: POWL) develops, designs, manufactures and services custom-engineered equipment and systems. The Company distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. POWL has been a part of the 'Momentum Model Portfolio' since Aug 26, 2024. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the close price of USD 228.51 as on Oct 1, 2024.
POWL’s Daily Chart
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