Revenue jumped 24.3% for Stantec Inc.

Revenue jumped 24.3% for Stantec Inc.

The firm’s regular string of new contracts and acquisitions should keep earnings and dividend payouts growing, as high-profile wins keep its name in front of potential new clients.

Existing operations still saw their revenue rise 11.0%, suggesting the core business is solid and expanding organically.

Meanwhile the… Read More

Mid-cap stocks will benefit your portfolio

Many investors overlook mid-cap stocks, thinking that a combination of large- and small-cap stocks will provide their portfolios with all the diversification they really need. However, as a group, U.S. mid-cap stocks have often performed better than large caps and are generally less risky than… Read More

Stantec remains the better choice

These two engineering firms continue to win new public works contracts. However, we prefer Stantec for your new buying as SNC’s shares will likely stay in a narrow range while it winds down its less-profitable legacy projects.
STANTEC INC. $71 is a buy. The stock (Toronto symbol STN;… Read More

Use these updates to boost your returns

AT&T INC. $18 is a buy. The telecom giant (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.2 billion; Market cap: $129.6 billion; Dividend yield: 6.2%; Dividend Sustainability Rating: Above Average; merged its WarnerMedia business with Discovery Inc. on April 8, 2022, to form Warner Bros… Read More

Use our updates to enhance your portfolio

TORONTO-DOMINION BANK $89 is a buy. The lender (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $160.2 billion; Price-to-sales ratio: 3.6; Dividend yield: 4.3%; TSINetwork Rating: Above Average; recently formed a new alliance with Canada Post. Under the deal,… Read More

Stantec’s earnings just jumped 33.9%

Stantec’s earnings just jumped 33.9%

Improved sales derived from past acquisitions helped generate a 22.9% revenue gain for this company during the most-recent quarter.

New contract wins should continue to add to the bottom line. Meanwhile, the stock trades at 21.0 times the company’s 2022 earnings forecast.

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STANTEC INC. (Toronto symbol STN;… Read More