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NEW YORK (

TheStreet

) --

MasTec

(NYSE:

MTZ

) is trading at unusually high volume Thursday with 2.4 million shares changing hands. It is currently at four times its average daily volume and trading up $1.34 (+8.4%) at $17.31 as of 2:16 p.m. ET.

MasTec has a market cap of $1.2 billion and is part of the

industrial goods

sector and

materials & construction

TheStreet Recommends

industry. Shares are up 9.5% year to date as of the close of trading on Wednesday.

MasTec, Inc. operates as a specialty contractor in the United States. It involves in the building, installation, maintenance, and upgrade of utility and communications infrastructure. The company has a P/E ratio of 19.4, above the average materials & construction industry P/E ratio of 19.1 and below the S&P 500 P/E ratio of 22.7.

TheStreet Ratings rates MasTec as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

MasTec Ratings Report

.

See all heavy volume stocks in our

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or get investment ideas from our

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.

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