Why This Data Center Play Is Up 33% Since Q2 Earnings And What's The Risk

Driven by AI-electricity load growth and demand for data centers, Willdan Group, which provides civil engineering and building services for government agencies, has soared more than 30% in stock market trade since reporting better-than-expected second-quarter earnings and revenue last week. Willdan Group late on Thursday reported Q2 earnings growing 172% to $1.50 per share with sales totaling $95 million, up 31% vs. a year ago. "Electricity load growth from data centers and broader electrification trends are accelerating the need for reliable power and resilient grid infrastructure, driving investment across our markets," the company said in its earnings release.

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