MasTec (MTZ) Stock Rallies 94% in 6 Months: Here's Why
MTZMasTec(MTZ) zacks.com·2024-05-18 01:41

MasTec, Inc.’s (MTZ) stock has skyrocketed 93.8% in the past six months compared with the Zacks Building Products - Heavy Construction industry’s 75.5% growth and the S&P 500 index’s 16.9% rally. This infrastructure construction company is banking on increasing demand for power, and data capacity and network speed. Also, MTZ’s focus on strategic investments for portfolio diversification positions it well for satiating increased infrastructure demand globally. Moreover, the company is optimistic about its gr ...