Sterling Infrastructure set to benefit significantly from data center investments significantly benefit

E-Infrastructure Solutions are expected to grow by 18 to 20% by 2025
DA Davidson sets the price target at $355 (Buy)
Andreas Zehetner
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A. Zehetner
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Sterling Infrastructure (STRL) is a direct beneficiary of investments in semiconductor factories and data centers, providing specialized infrastructure services for large and complex construction projects. With a backlog of $2 billion, the increasing size and complexity of projects is a sustained driver of margins. The company believes it is "well-positioned for a large portion of the upcoming data center capital." After a 21% increase in revenue and a 41% rise in net profit in Q2, the stock is again at an all-time high. Breakouts are clear buy...

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