Top Construction Stocks Worth Watching - October 11th

Key Points

• Construction stocks, such as Caterpillar, Quanta Services, and Lennar, are highlighted for their significant trading volume and potential growth, reflecting trends in the housing and infrastructure markets.
• Caterpillar has recently achieved an all-time high in stock performance, raising questions about its future growth potential.
• Quanta Services specializes in infrastructure solutions for various energy sectors, while Lennar focuses on homebuilding and residential land development in the U.S.

Caterpillar, Quanta Services, and Lennar are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of companies involved in residential, commercial and infrastructure building projects, including general contractors, engineering firms and manufacturers of construction materials and heavy equipment. They tend to be cyclical, reflecting overall economic growth, interest-rate movements and government spending on public works. Investors often use them to gain targeted exposure to housing markets and infrastructure investment trends. 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

Lennar (LEN)

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.

Read Our Latest Research Report on LEN