Dycom's (DY) Stock Gains 32% in the Past 3 Months: Here's Why
Dycom(DY) ZACKS·2024-06-06 23:31
Dycom Industries, Inc. (DY) has been rallying of late. This Florida-based specialty contracting service provider’s stock soared 31.8% in the past three months versus the Zacks Building Products - Heavy Construction industry’s 17.3% growth. It has also handily outpaced the Zacks Construction sector’s 3.9% decline and the S&P 500 Index’s 3.3% rise in the same time frame.DY has been riding on a solid backlog level and funding from Federal stimulus bills passed over the past few years. Also, the company is seei ...