Valmont Industries ( VMI - Free Report ) shares ended the last trading session 3.4% higher at $264.81. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.6% loss over the past four weeks. VMI's rally appears to be driven by the optimism over high demand in the utility market and continued global investment in the energy transition. The company is also expected to benefit from commercial strategies, enhanced operational efficiencies and strategic cost-saving measures.