NYSE:PWRConstruction
Baron Fund Backs Quanta Services Despite Premium Valuation And High Debt
Baron Durable Advantage Fund has initiated a new position in Quanta Services (NYSE:PWR).
The fund cites Quanta’s operational track record and projected long term growth as key reasons for the investment.
This move draws fresh attention to Quanta’s role in energy infrastructure and its earnings outlook.
Quanta Services, listed on the NYSE under the ticker PWR, focuses on infrastructure solutions for the utility, energy, and communications sectors. With growing attention on grid reliability,...