Buy AI-Led EME, PWR and CAT for Long-Term to Gain From Recent Softness
Three stocks from the heavy construction, engineering and machinery industries—EMCOR Group (EME), Quanta Services (PWR), and Caterpillar (CAT)—are recommended as long-term buys due to their exposure to the booming AI data center infrastructure market. All three stocks have rallied significantly year-to-date but recently declined, creating buying opportunities at discounts to their 52-week highs. Each company has strong order backlogs, positive earnings revisions, and solid short-term price upside potential of 26-42%.