Some of the Construction and Engineering stocks are doing really well which you can consider to invest your money in. As per the Portfolio Grader database, the stocks we will be talking here enjoy a rating of strong buy or buy. These ratings are also known as “A” or “B” respectively.
Coming to the first stock, the MYR Group Inc., which is popularly known as MYRG, has witnessed an escalation in its rating. The good news is that its rating has risen from the rating of B to the rating of A recently. MYR Group Inc. is into electrical infrastructure projects. As on 14th May’18, the MYRG stock quote is pegged at 37.97 with P/E 24.5, as per share market news. The company has a market capitalisation of 626.39 M. The company gets A’s in earnings momentum and free cash flow.
Then comes the Quanta Services, Inc. (PWR). The rating of this company also has gone up recently. The rating which was previously B for the Quanta Services, Inc. is now A. The Quanta Services, Inc. specialises in providing specialised contracting services. They provide these services in the fields of telecommunications, electric utilities, and also into cable television operators. The governmental entities are also one of its forays. Just like MYR group, this company also gets A’s in earnings growth and earnings momentum. As on 14th May’18, the Quanta Services, Inc. stock quote is pegged at 36.49 with P/E 18.25. The company has a market capitalisation of 5.46 B.
The third in line when we talk of the top five Construction and Engineering stocks is the Northwest Pipe Company (NWPX). This company has also escalated its rating. The company enjoyed a rating of C previously which has gone up to the rating of B recently. The company is in the manufacturing and marketing of the welded steel pipes. As on 14th May’18, the Northwest Pipe Company (NWPX) stock quote is at 20.44. The company has a market capitalisation of 198.76 M. The company achieves the A’s in the earnings revisions and earnings momentum.
One of the top in the list is Orion Group Holdings, Inc. (ORN). The company that had a rating of B has reached to A recently. The Orion Group Holdings, Inc. works as a marine speciality contractor. The company serves the heavy civil marine infrastructure market. The company also gets A’s in the sales growth and earnings momentum. As on 14th May’18, the Orion Group Holdings, Inc. stock quote is pegged at 7.26 with P/E of 33. The company has a market capitalisation of 205.53M.
The last but equally worthwhile to be talked about is Grana y Montero SAA Sponsored ADR or GRAM. The company had a rating of B previously. But now the rating has moved on to A recently. The company also gets A’s in earnings revisions, earnings momentum, and free cash flow. As on 14th May’18, the GRAM stock quote is pegged at 3.54. The company has a market capitalisation of 467.32 M.
Other than these, you must also consider L&T share price and consider keeping it in your buying list.