Cardinal (CDNL) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Shares of Cardinal Infrastructure Group surged nearly 40% post-IPO, reflecting investor enthusiasm for its integrated infrastructure growth story. Revenue growth is robust, driven by both organic expansion and acquisitions, though distinguishing between the two remains challenging. Shares now trade at a stretched 30x earnings, as the post-IPO rally has tempered immediate valuation appeal despite a $646 million backlog.