Our last Long Idea highlighted how commitments to infrastructure spending create lasting demand for MasTec Inc.’s (MTZ’s) business. The same is true for this automatic transmission manufacturer, which supplies essential vehicles such as box trucks, school buses, fire trucks, city buses, and garbage trucks. This firm has dominated the medium- and heavy-duty truck market for years with a reputation for high-quality and reliable products.
However, short-term COVID-19-related declines in customer demand has many investors overlooking this best-in-class commercial vehicle parts supplier. Investors looking past Allison Transmission Holdings Inc (ALSN) are in the Danger