Quanta Services, Inc.
William Harnisch founded Peconic Partners in 2000 after 22 years at Fosrtmann-Leff Associates, where he eventually became President and CEO. We track Peconic’s quarterly 13F filings alongside those of hundreds of hedge funds and other notable investors, having learned that the information in these filings can be useful in developing investment strategies (for example, we have found that the most popular small cap stocks among hedge funds outperform the more »
One of the better-performing sectors of the economy, along with auto and housing, has been utilities/industrials. According to the Board of Governors of the Federal Reserve System, industrial production by utilities rose 10.5% year-over-year through Mar. 31. This is a trend that may persist for several years, as electric and gas utilities spend on projects to upgrade and improve the efficiency of their distribution systems.
Related stocks have more »
Industrial and infrastructure construction is a complex and very difficult business. The projects are large, varied, and can take years to complete. Moreover, the demand for these services can shift wildly due to fluctuations in economic growth rates and government spending levels dedicated to infrastructure improvements. Those businesses that have learned to manage these difficulties are uniquely positioned to prosper for years into the future.
Infrastructure maintenance is critical to more »
The world has a lot of construction needs at the moment. Beyond housing construction, governments, and large corporations around the world are backed up on infrastructure development. According to the McKinsey Global Institute nations around the world are going to need $57 trillion worth of infrastructure construction by 2030 to keep pace with global GDP growth.
That is a lot of construction.
It's spending we could use, too. I more »
We have identified five stocks that had absolutely fantastic days last week. Assuming the funds we track have not changed their holdings since the end of June, there were a few key funds that made big money on these stock pops. The first company on our list is DeVry (NYSE: DV). DeVry saw a nice boost in its stock the other week on Friday, October 26, up over 25%, on more »
It is a well-known fact that the infrastructure (roads, bridges, utilities) in the US has been deteriorating for years. With the slowing economy and shrinking municipal budgets over the past 4 years in particular the situation has only gotten worse. Now the White House is getting ready to address the problem in the proposed 2013 budget.
Even if Republicans are able to trim out some of the infrastructure spending in more »
Hi, my name is Glen Bradford and I have had a blast assigning price targets to all sorts of companies. If you're reading this, you're probably wondering what your company is worth. Well, let's take a look.