Q: I do not have any engineering co's in my portfolio so am thinking about adding STN or WSP. Could I have your thoughts please: which is best, what would be a decent entry point, would you recommend at these levels for a long term hold or wait for a pullback? Any other companies you would recommend. Thank you!
5i Research Answer:
These are our favourites in the sector, and we would be comfortable buying either today; suggested prices WSP $266, STN $135. STN outperformed last year but WSP is off to a better start in 2026. We would side with WSP but as noted would be fine with either. WSP has a large backlog, has made solid acquisitions and very good EPS growth is expected this year. Pullbacks happen, but if one is a long term investor we would not play timing too cute.