$1000 investment in Quanta Services made 10 years ago now worth $7,484.30, a 648.43% gain. Positive.
From Nasdaq: 2025-06-25 08:30:00
Investors pay close attention to stock price changes, which can impact portfolios and aid in sector comparisons. The fear of missing out drives investing, especially in tech and consumer stocks. Quanta Services, a leading contracting provider in North America and internationally, offers solutions in electric power, renewable energy, and oil and gas sectors.
A $1000 investment in Quanta Services a decade ago would now be worth $7,484.30, a 648.43% gain, outperforming the S&P 500 and gold prices. Analysts foresee continued upside for PWR due to strong earnings, acquisitions, and growth strategy. Regulatory hurdles and market volatility remain concerns for the company.
Quanta Services’ shares have risen by 6.92% in the past four weeks, with positive earnings estimate revisions for fiscal 2024. Analysts predict a bright future for PWR, emphasizing its growth potential and under-the-radar status. For more investment opportunities, check out Zacks Investment Research’s top stock picks for potential home runs in 2024.
Read more at Nasdaq: Here’s How Much a $1000 Investment in Quanta Services Made 10 Years Ago Would Be Worth Today
