NYSE · Industrials · Engineering & Construction · US
Research · Sep 3, 2026
Quanta Services FY25 (Dec 31, 2025) at $28.35B revenue (+20%). NI $1.03B; EPS $6.80. Record backlog $44B (data center ~10%, fastest-growing). 8 acquisitions integrated. Total debt cut to $1.19B from $4.48B. FY26 guide: double-digit growth + 20%+ adj EPS opportunity.
Research · Apr 10, 2026
European ministers' Ukraine visit highlights surging military aid and reconstruction, benefiting US defense leaders like RTX and LMT via munitions replenishment, and infrastructure firms CAT and PWR through rebuild contracts. With Europe committing billions, these six stocks offer tailwinds from 5-20% revenue growth and strong FCF. Ranked by conviction: RTX tops for balanced exposure.
Research · Mar 12, 2026
Power infrastructure stocks GEV, ETN, APH, VRT, and PWR have delivered extraordinary returns on AI data center demand, but trade at 27–59x forward earnings. Eaton and Amphenol offer the best risk-reward with proven margins and order momentum, while GE Vernova and Vertiv carry the highest valuation risk if hyperscaler capex normalizes.
Research · Mar 12, 2026
Oracle's capital expenditure has surged to a $40B+ annualized run rate in FY2026, with $12B spent in the most recent quarter alone — nearly doubling FY2025's $21.2B total. NVIDIA captures the largest share through GPU sales, while Vertiv (power/cooling, +214% 1Y return) and Quanta Services (electrical infrastructure, +128% 1Y return) offer leveraged exposure to the physical buildout layer.
