Modine Manufacturing Firm (NYSE:MOD) is among the
10 Best AI Pick-and-Shovel Stocks to Buy. On March 29, 2026, GLJ Analysis analyst Austin Wang initiated protection of Modine Manufacturing Firm (NYSE:MOD) with a Purchase ranking and a “Avenue-high” $290 value goal on the shares. Austin Wang has stated that the personal competitor checks and hyperscaler margin developments level to upside in each long-term steerage and margins, including that the market is underestimating Modine Manufacturing Firm (NYSE:MOD)’s North American information heart chiller capability ramp.
In the meantime, DA Davidson has maintained a Purchase ranking and a $265 value goal on Modine Manufacturing Firm (NYSE:MOD) after assembly with administration, saying it got here away “fairly bullish on quite a lot of fronts.” The agency has famous that the corporate’s datacenter funnel has expanded considerably since its September 2024 analyst day, supporting its development outlook by way of FY28, and pointed to further upside from hyperscaler demand, worldwide information heart enlargement, and non-data heart alternatives.
Pixabay/Public Area
Modine Manufacturing Firm (NYSE:MOD) supplies thermal administration and cooling options, together with information heart cooling methods and associated companies.
Whereas we acknowledge the potential of MOD as an funding, we imagine sure AI shares supply larger upside potential and carry much less draw back danger. When you’re searching for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.
