MasTec, Inc. (NYSE:MTZ)
CAPS Rating:
The Company is a specialty contractor operating mainly throughout the United States and across a range of industries.
The Company is a specialty contractor operating mainly throughout the United States and across a range of industries.
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Recs
Mastec sits in the path of both the Fiber Optic Rollout from AT&T's "Project Lightspeed" (via the Bellsouth acquisition) as well as in the path for Utility plant rehabs for energy efficiency and the adding on of alternative energy scrubbers. I think the more compellling story is the fiber because of the pending Senate bill that will allow state-wide permits versus locality rollouts.
I think the fiber optic rollout is great, though I believe the real prize lies within the wind energy tunneling service this company provides.