Argan
AGXMarket price data through July 31, 2026.
Performance
Aug 2021 – Jul 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- +225%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$176
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- January 2025
- The month this stock first became a Benson pick.
- Tracking duration
- 18 months
- How long Benson has been tracking this pick.
About Argan
Argan builds the giant power plants that keep the lights on for cities, factories, and the data centers running AI. Think of them as the construction crew behind America's electricity upgrade, and right now everyone needs more power than ever.
The case for and against
Both sides of the story, in plain English.
- Booked Solid
Argan is sitting on a record three billion dollars in projects already locked in, enough work to keep crews busy for years. They hold 727 million dollars in cash with zero debt, and they keep about 15 cents of profit on every dollar of work they do.
- Power Hungry World
America's electricity demand is set to climb 25 percent by 2030 thanks to AI data centers, electric cars, and new factories. At the same time, 78 gigawatts of old power plants are retiring this decade. Argan is one of only a handful of companies that can build the replacements.
- Pricey Ticket
Argan's stock has run up over 240 percent in the past year, making it one of the most expensive names in construction. At these prices, even a tiny stumble can spark a big drop, like the 25 percent pullback they saw after a small revenue miss.
- Customer Concentration
About 41 percent of Argan's revenue comes from just two big customers. If either relationship cools off or a single project slips, it could put a real dent in earnings until fresh work fills the gap.
Other companies we track
How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-07-31. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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