MasTec's Wild Ride: Trade Fears and Investment Shifts

MasTec stock plummets 7% amid US-China trade restriction fears, triggering a Wall Street sell-off. Was this a blip or a sign of deeper trouble? Just days before, analysts were bullish on MasTec, citing growth potential in telecom and pipelines. Despite the volatility, long-term investors have seen impressive returns, with a $1,000 investment five years ago now worth nearly $4,000. The episode also explores how global events and emerging technologies like AI are shifting investor focus to lesser-known semiconductor stocks beyond giants like Nvidia and AMD.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.