Buy STRL on the Backlog: Data-Center Buildout Still Funds Growth
Sterling Infrastructure (STRL) is a direct beneficiary of the U.S. data-center construction cycle. The company reported explosive growth in its e-infrastructure segment and sits on a roughly $5.15 billion backlog while generating meaningful free cash flow. The stock is extended from 52-week lows but remains below all-time highs; paired with a still…