RE:RE:RE:RE:RE:SNN A ten Bagger is only $3.50 from today's SP and I don't think that is unrealistic. This is a real company with real revenues and a product that is one of the fastest growing in this market. $420M in the bid pipeline is no joke when they are landing 30% of Canadian bids and I'll guess 15% in the US. That's probably another $80M in contracts that we should land in the next couple years or less.
$40M - $60M for 2022 and potentially significantly higher in 2023 with the $30M tunnel project. If they have $40-$50M in contracts for 2023 plus the tunnel, we're getting close to that $100M mark.
I don't think the market has digested just how massive the stimulus bill actually is and how much is going to funnel into CVX coffers, but I'm quite certain it will.