Infrastructure play providing heavy machinery needed to build massive AI data centers.

Key indicator of AI build-out; power generation equipment sales expected to triple by 2030.

Construction unit sales grew 38% driven by physical infrastructure needs for data centers.

Currently in a parabolic breakout following extremely bullish accumulation.

Described as a behemoth following a 10% pump day amid a bullish stock market.

Identified as a secondary play for AI infrastructure and data center expansion spending.

Proxy for the physical build-out of data centers and the 1970s-style industrial boom.

Part of the 'Industrialist Complex' viewed as a bubble that is currently cracking.

Viewed as being in an industrial bubble with historically unsustainable P/E ratios of 30x-35x.

Beneficiary of the AI infrastructure build-out and physical equipment demand.