MYR Group Gains 59% in a Year: Time to Buy, Sell or Hold the Stock?
MYR Group has gained 59% over the past year, supported by record revenues, a $3.16 billion backlog, rising earnings estimates, and an attractive valuation, which together strengthen its growth outlook.
Why it matters — MYRG watchers would care because the company's record revenue, substantial backlog, and rising earnings estimates signal a strengthening growth outlook.