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Barchart
Barchart
Will Ashworth

Sterling Infrastructure Jumps 19% After Earnings: Should You Take the Bait and Buy STRL Stock?

Sterling Sterling Infrastructure STRL

Sterling Infrastructure (STRL) reported Q2 2023 results on Aug. 7 after the close. The quarter was so good the company increased its full-year guidance for 2023.

Investors liked what they heard. Early in Aug. 8 trading, STRL shares were up more than 16% on the news. Year-to-date, Sterling’s shares are up more than 125%. The Texas-based construction company’s shares have been on fire for five years, generating a 376% return, 7x better than the S&P 500. 

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