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ATKR is One of My Top Picks for 2022 -Breaking

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© Reuters. ATKR is one my Top Picks in 2022

Atkore (ATKR), which was established in 1959, is an American industrial supplier. There are many tailwinds that the company has been enjoying, including a robust recovery of the industrial sector around the world, an looming shortage of housing stock, strong CAPEX spending and recent passage of the Infrastructure Bill. Find out why it is the top stock in 2022.AtkoreATKR) It was established in 1959, and it is one of America’s top industrial suppliers. The company produces and markets a wide range of products, including metal framing, fittings, electrical conduits and mechanical pipes. It offers its products under the sub-brands: Allied Tube & Conduit, AFC Cable Systems, Heritage Plastics, Unistrut, Power-Strut, Cope, Calpipe brands, etc.

There are many tailwinds that the company has been enjoying, such as the strong recovery of the industrial sector around the world, the looming inventory shortfall in housing, the expectation of high CAPEX and the passage of recent infrastructure legislation. Further, the company is a leader in its categories which is resulting in pricing power, boosting the company’s margins.

Continue reading to learn why ATKR is our number one pick for 2022…

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