Stock category · Siting — land, permits and the neighbours
Who pours the concrete
Not an investment product and not a track record — methodology.
Members were chosen on 2026-07-19; names that had already failed are absent
by construction, so the pre-2026-07-19 stretch overstates the category.
Independent bets
1.5
of 5 names
Average pairwise correlation
0.58
10 pairs, daily returns
Since defined
-6.2%
equal weight, from 2026-07-19
The names
MTZ
MasTec
Data-only instrument — no dossier yet.
324.44 -22.0%
data
STRL
Sterling Infrastructure
Data-only instrument — no dossier yet.
580.73 -30.8%
data
DY
Dycom Industries
Data-only instrument — no dossier yet.
417.15 -17.5%
data
MYRG
MYR Group
Data-only instrument — no dossier yet.
330.84 -33.9%
data
AGX
Argan
Data-only instrument — no dossier yet.
579.87 -27.4%
data
Change shown is the 30-day move, not the day's.
What the category earns
Growth leads here, and it is the median across members rather than a total — a per-company growth rate does not care what currency the company reports in, so Samsung and Micron count equally. Revenue levels can only be added within one currency, so the totals below cover the members reporting in USD and say how many that is.
Years are labelled by the calendar year each company's fiscal year ends in. Those calendars do not line up — Nvidia's 2026 ended in January — and this does not pretend otherwise.
| FY ending | Median revenue growth | Revenue (USD) | Net income (USD) |
|---|---|---|---|
| 2022 | — | $14.6B 3 mem | $223M |
| 2023 | +21.1% 3 of 5 | $21.9B 5 mem | $355M |
| 2024 | +7.3% 5 of 5 | $22.5B 5 mem | $702M |
| 2025 | +16.2% 5 of 5 | $26.0B 5 mem | $1.1B |
| 2026 | +13.0% 2 of 5 | $6.5B 2 mem | $419M |