8 Best Construction & Engineering Stocks to Buy According to Wall Street

7. Valmont Industries Inc. (NYSE:VMI)

Valmont Industries Inc. (NYSE:VMI) is one of the 8 best construction & engineering stocks to buy according to Wall Street.

As of the April 10 closing, consensus sentiment for Valmont Industries Inc. (NYSE:VMI) remained strongly bullish. The stock received coverage from 4 analysts, 3 of whom assigned Buy ratings and 1 gave a Hold call.

On March 17, Valmont Industries Inc. (NYSE:VMI) President and Chief Executive Avner Applbaum joined Chief Financial Officer Thomas Liguori and Senior Vice President Renee Campbell to outline the company’s strategic positioning at JPMorgan’s Industrials Conference.

The leadership highlighted the company’s operations across more than 100 countries, with approximately 70% of revenue generated in North America. 75% of the business is driven by infrastructure while 25% percent comes from agriculture.

The management also shared a roadmap that would result in EPS between $25 and $30 per share, over the course of the next three to four years. This would be achieved through the build-up of capacities in the utility infrastructure sector, as well as through robust growth in agriculture technologies and the aftermarket.

Valmont Industries Inc. (NYSE:VMI) is engaged in the production of goods and services for the infrastructure and agricultural industries. It produces and markets several products, including pre-stressed concrete, linear irrigation equipment, electric motors, and many more. It also provides other relevant services, which include painting, galvanizing, and powder coating.