Best Construction Stocks To Follow Today - May 8th

Key Points

• MarketBeat's screener flags Caterpillar (CAT), Quanta Services (PWR) and Fluor (FLR) as the top construction stocks to watch today, based on the highest dollar trading volume in recent days.
• Caterpillar builds heavy construction and mining equipment, Quanta supplies electric/gas utility and renewable infrastructure services, and Fluor is an EPC contractor focused increasingly on energy-transition projects like carbon capture and hydrogen.
• Construction stocks are cyclical and sensitive to economic growth, interest rates, housing demand and government infrastructure spending, so investors focus on order backlog, new contract awards, profit margins and project risk.

Caterpillar, Quanta Services, and Fluor are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of companies that build and maintain physical structures and infrastructure, including general contractors, specialty subcontractors, suppliers of building materials (cement, steel, lumber), and manufacturers of construction equipment. For investors, these stocks are typically cyclical and sensitive to economic growth, interest rates, housing demand, and government infrastructure spending, so key metrics include order backlog, new contract awards, profit margins, and project risk. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Read Our Latest Research Report on CAT

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Read Our Latest Research Report on PWR

Fluor (FLR)

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. The company operates through Energy Solutions, Urban Solutions, Mission Solutions, and Other segments. The Energy Solutions segment provides solutions to the energy transition markets, including asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources.

Read Our Latest Research Report on FLR

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