Stantec remains the better choice

Article Excerpt

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; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 110.8 million; Market cap: $7.9 billion; Price-to-sales ratio: 1.5; Dividend yield: 1.0%; TSINetwork Rating: Extra Risk; offers you exposure to this leading seller of consulting, project-delivery, design and technology services. Stantec’s clients operate in a variety of industries, including oil and gas, transportation and construction. Stantec’s strong reputation continues to help it win new contracts. For example, the California High-Speed Rail Authority has selected the company to design an extension of the rail system from Merced to Madera, a key section between Los Angeles and San Francisco. The project involves re-routing utility infrastructure and planning the construction of 40 new structures. The company will receive $41 million U.S….