Analyst RecommendationAs can be seen, he was asked about JEC but prefers WSP. GLTA
https://www.bnnbloomberg.ca/video/varun-anand-discusses-jacobs-enginerring-group~2393537
DON'T BUY
Jacobs Engineering Group Inc.(JEC-N)
01/03/2022 at 07:00pm
They help build the infrastructure, but then they leave. He prefers to own the companies that build the assets with JEC, but then collect the cashflows from the infrastructure project over the next 20-40 years. If he were going to choose one, it would be WSP, a higher quality player than JEC.
CONTRACTORS
Varun Anand
$85.840
No
WEAK BUY
WSP Global Inc.(WSP-T)
01/03/2022 at 07:00pm
Engineering firms help build the infrastructure, but then they leave. He prefers to own the companies that build the assets with the engineers, but then collect the cashflows from the infrastructure project over the next 20-40 years. But if he were going to choose one, it would be WSP, with its strong growth and good margin profile relative to its competitors.
BUSINESS SERVICES
Varun Anand
$157.370
No