Layer One of the AI boom includes the actual infrastructure built from the ground up. This includes land, buildings, and other physical structures. The first top AI infrastructure stock to trade is Sterling Infrastructure Inc. (STRL), observes Lucas Downey, co-founder of MoneyFlows.
The $23 billion market cap construction firm deals in E-infrastructure, transportation, highways, roads, drainage, and more. The stock is up a staggering 145% year-to-date, and a huge reason is their recent stunning Q1 earnings report.
Sterling saw revenues surge to $825.7 million versus the Street estimate of $603.6 million. Earnings per share came in at $3.59 vs. the $2.28 estimate. Even better, STRL raised its full-year EPS guidance to $18.72, compared to the $13.73 expected by Wall Street.
When business is booming and accelerating, you can bet that smart investors will be bidding the stock up ahead of the release of rosy numbers. That’s exactly the case with STRL. Sterling sports a rock-solid MAP score of 79.3.
More importantly, discrete inflows were detected in July of last year when the shares were $222. Sterling has made our elite Outlier 20 list a total of nine times since. This is the power of tracking money flows.
Recommended Action: Buy STRL.
