Power Play: Argan's Boom Masks Deeper Challenges Argan's (NYSE:AGX) recent financials have sent shockwaves through the industry, with revenue and net income soaring to record highs in the second quarter.
At first glance, it's easy to get caught up in the excitement of a company that's seemingly tapped into America's power crunch.
However, scratch beneath the surface, and a more nuanced picture emerges – one that raises questions about Argan's long term viability.