STRL - Sterling Infrastructure: Keep On Riding Your Winners
2024-06-05 08:30:00 ET
Summary
- Sterling Infrastructure stock has outperformed the market significantly in the past year.
- Sterling has capitalized on the AI data center build out, and it can still expand further into other growth verticals.
- Its combined backlog provides significant potential revenue visibility, lowering execution risks.
- I explain why STRL is no longer undervalued. However, there are no sell signals.
- With STRL possibly bottoming after a steep pullback, get ready to ride its next potential rally.
Sterling Infrastructure Stock's Massive Gains
Sterling Infrastructure, Inc. ( STRL ) investors have much to celebrate over the past year as STRL stock outperformed the market significantly. Accordingly, STRL delivered a total return of almost 126% over the past year, lifting its market cap to a high of $3.63B....
Sterling Infrastructure: Keep On Riding Your Winners