In increasing brutal temps, air-conditioning businesses thrive as the cooling industry heats up, right? How to invest on that macro? #The Most Important Thing Air Conditioning feels like one obvious answer. In the dog days of summer, cooling is king. Scorching temps that saw 150M+ Americans under heat alerts last month have air-conditioning companies booming. Helping business: the average lifespan of an AC unit is 15 to 20 years, meaning thousands of units installed during the recovery from the 2008 financial crisis are due for replacement. Experts say about 10 new AC units will be sold every second through 2050. And cooling giants are reaping the gains: - Big drips: Shares of Trane— which raised its annual outlook after reporting strong growth yesterday — are up 40% YTD. The year’s also been good to rivals like Lennox (up ~32%), Carrier (up 21%), and Aaon(up 19%). The S&P 500 is up 16% over the same period. - The AI play: HVAC companies are also profiting on AI hype as energy-sucking data centers need to stay cool to work optimally. The global market for cooling data centers is set to reach ~$30B by the end of the decade. What else? Any other bets in this area that are heating up 😜 or related ones? https://sherwood.news/bus..