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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is Dycom Industries (DY) the Best Russell 2000 Stock to Buy According to Wall Street Analysts?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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84% Informative

Since President Trump announced new tariffs, the U.S. stock market has been steadily declining.

Dycom Industries, Inc. ( NYSE :DY) offers specialty contracting services to the telecommunications and utility sectors, particularly for broadband infrastructure development.

Wall Street Journal has estimated the loss to be around $6.6 trillion .

Dycom Industries, Inc. ( NYSE :DY) benefits from high institutional interest.

The company has a substantial backlog of $4.6 billion , which is expected to be completed by the end of 2025 .

Overall, DY ranks 2nd on our list of best Russell 2000 stocks to buy according to Wall Street analysts.