Argan's backlog across renewables and gas-fired plants reached $2.8 billion, positioning it to benefit from data center and power generation capex trends. The stock trades at a steep P/E of 56.64x and a 3Y PEG of 2.87x. The author reiterates a Hold rating, citing mixed risk/reward at current inflated levels.
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Dycom Industries: A Prime AI Beneficiary Keeps On Making Moves
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