Granite Construction has seen impressive stock growth, up 104.7% since my 'buy' recommendation in March 2023, outperforming the broader market significantly. Despite the massive rise, I maintain a soft 'buy' rating due to continued revenue growth and attractive pricing relative to peers. The company's strong performance is driven by increased public spending, favorable weather, and strategic acquisitions, with significant revenue and profit growth.
GVA's focus on growing a high-quality CAP portfolio in a positive public funding environment and resilient private market is commendable.
GVA will further support U.S. Marines' relocation with a $113M contract for new facilities at Marine Corps Base Camp Blaz.
Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
GVA's new $65M UDOT contract strengthens its market position in Utah.
GVA's focus on growing a high-quality CAP portfolio in a positive public funding environment and resilient private market is commendable.
Granite (GVA) to add peak-hour HOV lanes and reconstruct Highway 101 in southern Santa Barbara, focusing on relieving traffic congestion and sustainability.
Here is how Granite Construction (GVA) and KB Home (KBH) have performed compared to their sector so far this year.
Granite's (GVA) focus is to grow a high-quality CAP portfolio on the back of a positive public funding environment and resilient private market.
Granite Construction (GVA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here is how Granite Construction (GVA) and KB Home (KBH) have performed compared to their sector so far this year.