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Barchart
Barchart
Rashmi Kumari

Is Quanta Services Stock Underperforming the Dow?

Quanta Services PWR

Valued at a market cap of $36.6 billion, Quanta Services, Inc. (PWR) provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries. Based in Houston, Texas, the company plans, designs, installs, maintains, and repairs most types of network infrastructure.

Companies worth more than $10 billion are generally described as “large-cap stocks,” and Quanta Services fits right into that category. The company is a leading national provider of specialty contracting services and one of the largest contractors serving the transmission and distribution sector of the North American electric utility industry.

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