Dycom Industries: Strong Visibility Into Near-Term Growth

Dycom Industries remains a "buy" as growth catalysts—the Power Solutions acquisition and BEAD—are becoming increasingly tangible, driving near-term visibility. Power Solutions delivers strong cross-selling in the high-demand DMV data center market, with margins above consolidated levels and accelerating growth momentum. BEAD funding is progressing, with DY winning more deals and expected to see backlog and revenue impact as awards move into contracts by Q2.