Quanta Stock Trading at a Premium: Should You Buy, Hold or Fold?
Quanta Services, Inc. (PWR) is trading at a premium due to its exposure to secular power demand, lower execution risks, and strong growth prospects in infrastructure. The company benefits from increased utility spending, a record backlog, and a self-perform model that enhances margins. While facing competition and execution challenges, Quanta's fundamentals are robust, but its high valuation suggests a "Hold" recommendation for existing investors and a call for new investors to await a better entry point.
https://finviz.com/news/270609/quanta-stock-trading-at-a-premium-should-you-buy-hold-or-fold