zAngus

Mastec - Power Plant and Renewable Energy Construction Company

Long
NYSE:MTZ   MasTec, Inc
Mastec has been having a RIPPER run over the last 12 months with the boom in infrastructure development but the thing that caught my eye (after the chart of course) was their strong presence in building power plants and especially renewable energy projects.

Price might be a little expensive at the moment so keep an eye out for a pullback and recovery if you want to get in at better value.

A trailing stop loss around 10 to 13% will keep you in most of the trend with only a few stops.

From their about us:

Mastec is one of the nation's top power plant and renewable energy construction companies.

Capitalizing on our expertise in electric transmission, MasTec is one of the nation's top power plant construction companies, specializing in engineering, procurement and construction of thermal power plants, alternative fuel power plants, wind farms, and solar energy facilities. Whether we're designing, building, expanding or maintaining a power plant or renewable energy facility, we have the experience and resources to maximize efficiencies during construction and throughout the facility's operation. We help clients determine the optimal site, size, materials, construction methods and design features to meet their needs for power plants and renewable energy facilities, and we continually work to increase their ROI. By keeping a focus on safety and innovation, we're able to provide the most effective and socially responsible solutions to the world's changing energy needs.

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

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