Top Construction Stocks Worth Watching – March 23rd

Caterpillar, Planet Labs PBC, and Venture Global are the three Construction stocks to watch today, according to MarketBeat’s stock screener tool. Construction stocks are shares of companies involved in building and related activities, including general contractors, civil engineering firms, construction materials suppliers (cement, steel, lumber), and heavy-equipment manufacturers. These equities tend to be cyclical and sensitive to economic growth, interest rates, housing starts and public infrastructure spending, and can be affected by commodity-price swings, project delays and regulatory risks. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Planet Labs PBC (PL)

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company’s platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables.

Venture Global (VG)

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing us as a rapidly growing company delivering critical LNG to the world. Our innovative and disruptive approach, which is both scalable and repeatable, allows us to bring LNG to a global market years faster and at a lower cost.