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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: 'Interesting' to see STN selling MWH. The market seems to like this news this morning.

The purchase of MWH in 2016 seemed hopeful, when in 2016 it was hoped to "boost Stantec’s annual revenues by nearly 60 per cent", but there never was a big impact.

I have about 3.5% of my portfolio in STN and held STN since 2004, but thinking it may be time to sell and add to my WSP position which is also 3.5% of my portfolio.

How do you think the sale of MWH will impact STN's prospects for the next 2 years? Is it possible to say at this point?

Thanks.
Read Answer Asked by Robert on October 22, 2018