MasTec Stock Trades Near 52-Week High: How Should You Play the Stock?

Key Takeaways MasTec reached a 52-week high of $221.83, supported by strength in key business segments.Backlog rose 23% y/y to $16.45B, prompting a raised 2025 revenue guidance.Growth in fiber, renewables and grid projects offsets pipeline softness and near-term margin pressure.MasTec, Inc. ((MTZ) has captured the attention of investors in the market recently with its impressive performance. After hovering above $219 per share for the past four trading sessions, the stock reached a 52-week high of $221.83 o ...