Shares of MasTec, Inc. MTZ scaled a new 52-week high of $21.53 on Apr 13, eventually closing the day’s trading at $21.50. The stock price appreciation came on the back of benefits expected from strategic acquisitions and a strong backlog. Increased mobile data traffic will also drive demand.This provider of construction services has a market cap of $1.7 billion. Meanwhile, average volume of shares traded over the last three months is approximately 1009K. MasTec’s stock flaunts a one-year return of about 6.8% and a year-to-date return of around 23.7%.Key StrengthsMasTec remains optimistic about the rise in mobile data traffic, which will result in increased demand for the company’s services. While the company was affected by reductions in capital spending for wireless infrastructure by customers in 2015, major carriers are in the process of upgrading to 4G technology, and are testing the next generation of 5G technology for future deployment.Further, the company expects that its investment in 1 Gigabit per second wireline/fiber network upgrades and expansion of existing networks will increase in 2016 as major national, regional and rural telecommunications providers and other companies continue to invest in and deploy capabilities in these areas.For full-year 2016, MasTec expects adjusted earnings per share between $1.35 and $1.45 on the back of revenues of $4.6–$4.8 billion. For the first quarter of 2016, MasTec anticipates adjusted bottom line between a loss of 3 cents per share and breakeven, and revenues of $950 million. Moreover, the company will benefit from strategic acquisitions and a strong backlog.At present, MasTec retains a Zacks Rank #3 (Hold).Stocks to ConsiderSome better-ranked stocks in the sector include Jiangsu Expressway Co. Ltd. JEXYY, Sterling Construction Co. Inc. STRL and Trex Co. Inc. TREX. While Jiangsu Expressway sports a Zacks Rank #1 (Strong Buy), Sterling Construction and Trex carry a Zacks Rank #2 (Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TREX COMPANY (TREX): Free Stock Analysis Report MASTEC INC (MTZ): Free Stock Analysis Report JIANSU EXPWY CO (JEXYY): Free Stock Analysis Report STERLING CONSTR (STRL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research