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Here’s Why Sterling Infrastructure Stock Can Keep Rallying From Here
The Motley Fool·
Sterling Infrastructure has gained nearly 4,000% over five years and 170% year-to-date, driven by strong fundamentals in its e-infrastructure segment serving the AI data center boom. The company's e-infrastructure backlog grew 123% year-over-year in Q1, revenue nearly doubled to $825.7 million, and total backlog reached $5.15 billion. Recent acquisitions of CEC Facilities Group and Stone Ridge Contracting are expanding market share and geographic reach, positioning the company for continued growth.
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