infrastructure giant’s stock faces execution challenge By Investing.com
MasTec Inc . (NYSE:), a leading infrastructure construction company, has been navigating a complex landscape of opportunities and challenges in the U.S. Machinery & Construction sector. As the company continues to expand its footprint in traditional and emerging markets, investors and analysts are closely watching its performance and future prospects.
Company Overview and Recent Performance
MasTec specializes in engineering, building, installing, maintaining, and upgrading energy, utility, and communications infrastructure. The company has recently demonstrated strong financial performance, with its Q2 2024 results beating expectations due to robust bookings and margins. The Oil & Gas (O&G) segment was a significant driver of this…
