10 Best Engineering Stocks to Buy for 2025

8. Dycom Industries, Inc. (NYSE:DY)

Number of Hedge Fund Holders: 29

Dycom Industries, Inc. (NYSE:DY) provides specialty contracting services. It offers an array of services to telecommunication providers, including engineering and design, program management, and others. Its engineering services span the planning and design of underground, aerial, and buried fiber optic, copper, and coaxial cable systems that extend from the telephone company’s hub location to a business or home.

The company’s revenue increased 12% year-over-year to $1.272 billion in fiscal Q3 2025, and its organic revenue increased by 7.6%. This growth was attributed to the deployment of gigabit wireline networks, wireless networks, and wireline converged networks. The company is also seeing continued strategic transactions, including commitments and refinancings, to increase many of its customers’ capital expenditures.

Dycom Industries, Inc. (NYSE:DY) completed the acquisition of Black & Veatch’s public carrier wireless telecommunications infrastructure business during fiscal Q3 2025. It is also focusing on opportunities related to AI, including expansive new national deployments of high capacity, low latency inter and intracity networks. The company ranks eighth on our list of the 10 best engineering stocks to buy for 2025.

Aristotle Small Cap Equity Strategy stated the following regarding Dycom Industries, Inc. (NYSE:DY) in its Q2 2024 investor letter:

“Dycom Industries, Inc. (NYSE:DY), a provider of engineering and construction services to the telecommunications and cable television industries, benefitted from continued growth in its core business, funding tailwinds, and expanding margins as demand for wireline services continues to grow. We maintain a position as we believe the company remains well positioned for longer-term growth alongside secular trends for expanding fiber deployments to support faster broadband connectivity speeds and opportunities to deploy fiber to rural or underserved areas across the country.”