AAON, Inc.

AAON position long Gavin Baker, Atreides Management

Thesis

AAON has a strong position in liquid cooling for data centers, which is expected to see sustained demand as data center construction continues to grow, particularly with the rise of AI technologies.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the demand for data center cooling solutions may be valid, the lack of concrete evidence makes it impossible to determine the success of the pitch.

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