The Best Industrial Construction and Engineering Stocks You Can Buy Today

The construction and engineering industry is a historically stable sector prone to long-term growth. It is therefore not surprising that industrial construction and engineering companies are among the most popular stocks among investors. These stocks may not have the same notoriety as large-cap tech or biotech stocks, but they represent a vital part of the market and offer plenty of opportunities for patient investors. In addition, the general contracting, specialized contracting and construction services sub-sectors within the industrial sector all have strong potential for outperformance over the next few years due to their above-average growth rates. average and the consensus of analysts who expect them to grow faster than the rest of the market. market through 2021. With that in mind, you can buy three of the top industrial construction and engineering stocks today.

NV5 Global (NVEE)

The first stock on our list is NV5 Global, Inc. NV5, a global engineering, procurement and construction company specializing in providing engineering and construction services for energy and industrial projects. The company’s services include engineering and construction, operation and maintenance, procurement and management consulting. The company serves various industries, including energy, chemicals, mining, metals and minerals. This gives it exposure to several sectors that are expected to see above-average growth over the next few years, including the mining, metals and minerals sector. In addition, the company’s geographical spread in Asia, the Americas and Europe and its presence in the Middle East and Africa provide it with a strong customer base. As a result, he makes sure to see a steady growth in demand for his services. The company’s backlog is valued at $1.5 billion and has a strong track record of completing projects on time and within budget.

Primoris Services (PRIM)

Next on our list is Primoris Services Corporation, a construction management, engineering and construction services company. The Company primarily provides construction management, engineering, procurement and construction services for the energy sector. Primoris also offers general and specialist construction services, including fabrication services, iron and steel erection, and concrete placement. The company is well positioned to benefit from the ongoing construction of energy infrastructure in the United States and the growing demand for aggregates and minerals used in the construction of these facilities. In addition to this, Primoris has invested heavily in new technologies and automation which will enable it to see an increase in productivity and profit margins. As a result, the company has a strong track record in project execution and financial performance. Its backlog and revenue growth are both above the industry average and its profit margin is above the industry average.

AECOM (ACM)

AECOM is a global provider of architectural engineering and construction services and consulting services related to the built environment. The company is present in more than 100 countries and serves various industries including healthcare, commerce, energy and power, government, transportation, water, mining and communications. AECOM is one of the largest construction and engineering companies in the world. It is an industry leader in the design and construction, engineering, program management and delivery of innovative and sustainable projects. AECOM has a strong global presence and is expected to see growing demand for its services due to several long-term megatrends, including urbanization, aging populations and climate change. The company has a strong track record of execution and financial performance, and its backlog and revenue growth are above the industry average. AECOM has also invested in new technologies and automation to increase productivity and profit margins.

Lennar (LEN.B)

Finally, we come to Lennar Corporation, one of the largest home builders in the United States. The Company is primarily engaged in the sale and leaseback of residential communities, including those developed for sale and manufactured housing communities. Lennar derives most of its revenue from the sale of manufactured housing communities, primarily located in Florida, Texas, Arizona and California. As housing demand continues to increase in the United States, Lennar will benefit from increased demand for the construction of new residential communities. The company has actively expanded its footprint across the country and is expected to continue as the housing market expands. Lennar has a long history of strong financial performance, and its industry backlog and revenue growth are above average. In addition to this, the company has invested in new technologies and automation to increase its productivity and profit margins.

Conclusion

The construction and engineering sector is historically stable and prone to long-term growth. It is therefore not surprising that industrial construction and engineering companies are among the most popular stocks among investors. These stocks may not have the same notoriety as large-cap tech or biotech stocks, but they represent a vital part of the market and offer plenty of opportunities for patient investors. In addition, the general contracting, specialized contracting and construction services sub-sectors within the industrial sector all have strong potential for outperformance over the next few years due to their above-average growth rates. average and the consensus of analysts who expect them to grow faster than the rest of the market. market until 2021.

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