Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc

Bullboard Posts

Comment by ERTguyon Nov 02, 2019 1:49am

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Post# 30300444

RE:RE:RE:RE:RE:RE:RE:Canaccord

This stock has never approached that price so I’m not sure why it’s being talked about as if it’s bounced off that level many times. 21.83 is really nowhere near 24. It’s being shorted because it’s mostly plateaued in terms of growth and valuation. History shows this is a great earnings bet though. The catalyst for this stock breaking all time highs will be raking in some big projects, or it’ll just keep bouncing between 17-20. That I’m also happy to use to my personal benefit. Otherwise this is a great stock to position yourself in times of weakness. The numbers are still very solid. Cheers

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