Q: Hello Peter & Team,
From what I have been reading and hearing, we should be seeing some fairly significant long over due infrastructure spending oveer the next number of years both in Canada & especially the US - roadways and bridges are falling apart down there.
Putting aside the obvious differences between these two engineering firms (div, size etc...) both of whom should benefit from this increased spending, I am wondering whether moving out of Stantec and into DRT would be a good move or a bad move at this time.
DRT has come back fairly significantly ($7.07 as I write this missive) since its high of $8.95 on May 8th and it now appears there may be some consolidation taking place over the past 10 days or so.
STN has been showing higher highs and higher lows since it's post-split low of $29.14 back on Mar 25 after not really doing much at all for the past 18 months.
Could you please give us a comparison of the two companies, and which one you would pick moving forward for a 2 yr hold on a full position and why. And if these are the only two companies we should be looking at or if there is another engineering firm such as SNC-Lavalin you would recommend over DRT & STN... (SNC has also come back quite a bit since earlier this month)
As always, thanks for all you do!!!
Gord
From what I have been reading and hearing, we should be seeing some fairly significant long over due infrastructure spending oveer the next number of years both in Canada & especially the US - roadways and bridges are falling apart down there.
Putting aside the obvious differences between these two engineering firms (div, size etc...) both of whom should benefit from this increased spending, I am wondering whether moving out of Stantec and into DRT would be a good move or a bad move at this time.
DRT has come back fairly significantly ($7.07 as I write this missive) since its high of $8.95 on May 8th and it now appears there may be some consolidation taking place over the past 10 days or so.
STN has been showing higher highs and higher lows since it's post-split low of $29.14 back on Mar 25 after not really doing much at all for the past 18 months.
Could you please give us a comparison of the two companies, and which one you would pick moving forward for a 2 yr hold on a full position and why. And if these are the only two companies we should be looking at or if there is another engineering firm such as SNC-Lavalin you would recommend over DRT & STN... (SNC has also come back quite a bit since earlier this month)
As always, thanks for all you do!!!
Gord
