This Small-Cap Stock Is Cheap and Growing Fast. It’s Time to Buy.

nVent Electric CEO Beth Wozniak, left, and Chief Financial Officer Sara Zawoyski.

Courtesy of nVent

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Tucked away just off the Post Road and I-95 in Greenwich, Conn., sits Valbella, an upscale Italian eatery popular with Wall Street analysts and hedge fund managers. In the wine cellar, up to 16 guests can talk stocks while dining on chicken paillard and sipping their chosen vintage around a granite table, one with a special heating system.

The heating system comes from a small industrial company called

nVent Electric

(ticker: NVT), and its stock is ready to heat up, too. NVent is an electrical component maker, and it makes surge and heat protectors for electrical infrastructure, as well as products corralling all the cables and wires running through homes and businesses. While its stock, at Friday’s close of $34.72, is down 8.6% this year, the company is benefiting from the growth of automation, data centers, and sensors for monitoring complex systems—anything, really, that is electrified.

“They have leverage to all of the themes/mega-trends that should be relatively long growth drivers, like the electrification of everything,” says RBC Capital Markets analyst Deane Dray.

NVent has only been a publicly traded company since 2018, when it was spun out of


(PNR), a move that was catalyzed, in part, by activist investor Nelson Peltz’s Trian Fund Management. Investors likely hoped that more deals were in the works—perhaps even the sale of nVent to…


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