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Promising Construction Stocks Worth Watching - March 13th

Caterpillar logo with Industrials background
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Key Points

  • Caterpillar (CAT), Quanta Services (PWR), Deere & Company (DE), MasTec (MTZ), and Trane Technologies (TT) are MarketBeat’s five construction stocks to watch, selected because they had the highest dollar trading volume among construction names in recent days.
  • The article notes construction is a cyclical sector that typically tracks housing demand, interest rates, and government construction spending and is exposed to commodity costs, contract risk, and regulatory changes—factors investors should weigh.
  • Caterpillar is highlighted as benefiting from the ongoing data center boom, although the piece flags potential valuation concerns (i.e., “too expensive”) despite that catalyst.
  • MarketBeat previews the top five stocks to own by May 1st.

Caterpillar, Quanta Services, Deere & Company, MasTec, and Trane Technologies are the five Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of publicly traded companies whose primary business is building, developing, or supplying materials and equipment for residential, commercial, and infrastructure projects. Investors treat them as a cyclical sector that tends to track housing demand, interest rates, and government construction spending, and that can be affected by commodity costs, contract risk, and regulatory changes. 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

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Read Our Latest Research Report on DE

MasTec (MTZ)

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.

Read Our Latest Research Report on MTZ

Trane Technologies (TT)

Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps.

Read Our Latest Research Report on TT

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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