Oct. 8 at 3:22 PM
$MTZ hits a 52-week high — but is it overvalued? 📈
MasTec's impressive 56.5% YTD surge outpaces its industry, driven by strong demand in communications and clean energy. However, its forward P/E of 28.76 suggests a 22.6% premium over the industry average, raising valuation concerns.
See why MTZ might be a hold here 👉 https://www.zacks.com/stock/news/2764773/mastec-stock-trades-near-52-week-high-how-should-you-play-the-stock?cid=sm-stocktwits-2-2764773-body-15183&ADID=SYND_STOCKTWITS_TWEET_2_2764773_BODY_15183