Barclays Affirms Forgent Power Solutions, Inc. (FPS) as one of the Best Stocks to Buy in a Rising Market

Barclays Affirms Forgent Power Solutions, Inc. (FPS) as one of the Best Stocks to Buy in a Rising Market Abdul Rahman May 2, 2026 1 min read FPS BARC.L PSIX Forgent Power Solutions, Inc. (NYSE:FPS) is one of the best stocks to buy in a rising market, according to Wall Street analysts. On April 15, Barclays touted Forgent Power Solutions, Inc. (NYSE:FPS) as one of the top US electrical equipment stocks to own. Eaton's (ETN) Boyd Thermal Acquisition Was "Great," Says Jim Cramer According to the investment bank, Forgent Power Solutions is one of the 400 companies well-positioned to benefit from the digital and power infrastructure build-out.

Consequently, the company should capitalize on the build-out of artificial intelligence data centers as hyperscaler capital expenditure rises. The company reported a 69% increase in its fiscal second-quarter 2026 revenues, asserting exceptional momentum across the business. The increase also underscored market growth and share gains in all the primary end markets.

According to Chief Executive Officer Gary Niederpruem, demand for Forgent Power Solutions' products continues to exceed expectations. Margins are also expected to expand in the third quarter and increase in the fourth quarter due to higher production volumes. Forgent Power Solutions, Inc. (NYSE:FPS) is a leading U.S. designer and manufacturer of custom electrical distribution equipment, specializing in critical power infrastructure for data centers, the power grid, and energy-intensive industrial facilities.

While we acknowledge the potential of FPS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Best TSX Stocks to Buy According to Hedge Funds and 8 Best Australian Stocks to Buy in 2026.

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