Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy [3] Company Analysis: MasTec (MTZ) - MasTec (MTZ) has shown a four-week price change of 3.1%, indicating growing investor interest [4] - Over the past 12 weeks, MTZ's stock has gained 12.4%, with a beta of 1.74, suggesting it moves 74% more than the market [5] - MTZ has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - MTZ is trading at a Price-to-Sales ratio of 0.94, suggesting it is undervalued at 94 cents for each dollar of sales [7] Investment Opportunities - MTZ appears to have significant potential for growth at a fast pace, alongside other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their investing style [9]

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Shares of MasTec, Inc. (MTZ) have gained 29.4% over the past six months, outperforming the 26.4% growth in the Zacks Building Products - Heavy Construction industry. The stock has also surpassed the broader Construction sector's growth of 7% and the S&P 500 index’s 10.9% rally during the same period.As of Thursday, the stock closed at $138.50, below its 52-week high of $150.12 but well above its 52-week low of $60.96. The MTZ stock has outperformed some other players in the past six months, including AECOM ...

MasTec, Inc. (MTZ) has caught the attention of investors with its impressive performance. After hovering around $143 per share for the past six trading sessions, the stock reached a new 52-week high of $150.12 on Tuesday. It then pulled back slightly to close the trading session at $147.94, marking a 3.4% increase from the previous day's closing price of $143.07.Shares of MTZ have gained 34.2% over the past six months, outperforming the 28.2% rise in the Zacks Building Products - Heavy Construction industry ...

Shares of MasTec (MTZ) have been strong performers lately, with the stock up 21.2% over the past month. The stock hit a new 52-week high of $150.12 in the previous session. MasTec has gained 95.4% since the start of the year compared to the 29.7% move for the Zacks Construction sector and the 108.3% return for the Zacks Building Products - Heavy Construction industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus est ...

CORAL GABLES, Fla., Nov. 27, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the UBS 2024 Global Industrials and Transportation Conference on Wednesday, December 4th at approximately 3:30 p.m. Eastern Time. Additionally, one-on-one meetings with institutional investors and MasTec's senior management are also being arranged as a part of the conference.The audio and any presentation materials may be ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Group 1 - MasTec's topline has been under pressure throughout 2024 due to lower volumes across most of the business [1] - The company has faced challenges from below-expected performance and tougher comparisons in its Oil and Gas segment [1] Group 2 - The analysis reflects a focus on understanding and explaining the financial details of companies, particularly in technology, industrial, and conglomerate sectors [1]

Core Viewpoint - MasTec (MTZ) has shown significant stock performance, with a 6.3% increase over the past month and an 80.3% gain since the beginning of the year, outperforming both the Zacks Construction sector and the Zacks Building Products - Heavy Construction industry [1] Performance Metrics - The stock reached a new 52-week high of $139.39 and has consistently exceeded earnings expectations, reporting EPS of $1.63 against a consensus estimate of $1.23 in its latest earnings report [1][2] Valuation Metrics - MasTec's current valuation shows a Price-to-Earnings (P/E) ratio of 43.7X for the current fiscal year, which is above the peer industry average of 22.2X, while its trailing cash flow basis is at 14.7X compared to the peer group's average of 14.6X [5] Style Scores - The company has a Value Score of C, with Growth and Momentum Scores both rated A, resulting in a combined VGM Score of A, indicating strong growth potential despite a moderate value rating [4][5] Zacks Rank - MasTec holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with investment strategies that favor stocks with high Zacks Ranks and favorable Style Scores [6]