Sterling Infrastructure Inc. (NASDAQ:STRL) is one of the best industrial stocks to buy according to Wall Street analysts. Sterling Infrastructure Inc. (NASDAQ:STRL) commands a Strong Buy rating from 3 Wall Street analysts. The average price target on the stock is $455, implying 39.05% upside potential from current levels.
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On November 25, William Blair reiterated an Outperform rating on the stock, impressed by the company’s dominant position in the US data center market. The research firm has echoed the company’s track record of completing projects ahead of schedule. The record has been the catalyst behind the company’s impressive 6.2% revenue growth over the past year.
In addition to growth around data centers, Sterling Infrastructure also boasts an impressive pipeline that includes site development work for semiconductor, food processing, and liquid natural gas customers. Expansion into new markets such as Texas is also expected to strengthen the company’s growth trajectory.
Sterling Infrastructure Inc. (NASDAQ:STRL) is an industrial company that specializes in E-infrastructure, Transportation, and Building Solutions. It provides advanced, large-scale site development services for data centers, manufacturing, e-commerce distribution centers, warehousing, power generation, and more.
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Disclosure: None. This article is originally published at Insider Monkey.