These Climate Solutions Stocks Have Turned Up the Heat in 2024. Can Their Rally Continue, or Will They Cool Off in 2025?

Demand for heating, ventilation, and air conditioning (HVAC) systems warmed up considerably in 2024. That powered strong growth for companies that provide climate solutions, like Lennox (NYSE: LII) and Trane Technologies (NYSE: TT). This catalyst helped drive up shares of Lennox by more than 40%, while Trane Technologies' stock was up over 55%, easily beating the S&P 500's more than 25% rise.Here's a look at what drove their rallies and whether they'll cool off or continue rising in 2025.Lennox is a leader in energy-efficient climate-control solutions. Demand for its products, which include air conditioners, furnaces, heat pumps, and indoor air quality systems, has grown briskly this year. Its core revenue was up 15% in the third quarter to $1.5 billion, which includes 2% growth from recent acquisitions (it acquired AES to expand its commercial HVAC services late last year).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool