Supreme Court Strikes Down Tariffs, Boosting MasTec, Expeditors, Methode Shares

Shares of MasTec (MTZ), Expeditors International (EXPD), and Methode Electronics (MEI) surged on February 20, 2026, after the U.S. Supreme Court invalidated Trump-era tariffs. The 6-3 ruling determined the administration could not use the International Emergency Economic Powers Act of 1977 to justify the levies. Analysts expect the decision to lower manufacturing costs for imported parts and ease broader inflation. EXPD, trading at $156.34, approached its 52-week high of $165.04 set earlier in February 2026. The stock has risen 2.9% year-to-date, recovering from a 5.5% annual sales decline and a previous Barclays downgrade.