Buy recommendation on Quanta Services amid $2T U.S. grid modernization opportunity

Quanta Services, a leader in specialized infrastructure for utilities and energy sectors, receives a Buy recommendation due to its strong position to benefit from a $2 trillion U.S. grid modernization effort by 2030. The company’s strategic acquisitions and expansion into high-growth segments support expected earnings growth amid rising demand for infrastructure upgrades. This positions Quanta well for long-term growth as the U.S. invests heavily to maintain grid reliability.