Eyeing a Sterling Construction Play
Infrastructure construction continues to makes headlines as a way to revive the economy. While the focus seems to be on larger companies with a more national footprint, a small-cap company in Texas continues to prosper as it picks and chooses its way through an array of projects in one of the most infrastructure-thirsty regions in the country.
Sterling Construction (STRL) is a $200 million infrastructure gem that is quietly picking up a lot of business. In the past two months, the company has been awarded or has been the low bidder on more than $200 million worth of infrastructure work. What started out as a company doing business solely in Texas has grown into a business that reaches into Arizona, Utah and Nevada. Since coming out of the recession, Sterling's backlog has increased from about $400 million to more than $700 million today....409 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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