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Is M-tron Industries, Inc. (MPTI) Outperforming Other Construction Stocks This Year?
MPTIM-tron Industries(MPTI) ZACKS·2024-11-19 15:46

Group 1 - M-tron Industries, Inc. (MPTI) is a notable stock in the Construction sector, currently outperforming its peers with a year-to-date return of 52.4% compared to the sector average of 24.5% [4] - The Construction group ranks 8 within the Zacks Sector Rank, which includes 16 different groups ranked by the average Zacks Rank of individual companies [2] - MPTI has a Zacks Rank of 2 (Buy), indicating a positive analyst sentiment with a 9.3% increase in the consensus estimate for full-year earnings over the past quarter [3] Group 2 - M-tron Industries, Inc. is part of the Engineering - R and D Services industry, which has gained an average of 13.3% this year, indicating MPTI's strong performance within this specific area [5] - Another stock in the Construction sector, MasTec (MTZ), has shown even stronger performance with a year-to-date return of 82.9% and a Zacks Rank of 1 (Strong Buy) [4][5] - The Building Products - Heavy Construction industry, to which MasTec belongs, has experienced a significant increase of 103.3% year to date, highlighting the overall positive trend in the Construction sector [6]