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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

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.


TSX:ARE - Post by User

Comment by Alexcanadaon May 15, 2024 7:16pm
109 Views
Post# 36042266

RE:RE:RE:RE:RE:RE:Bodes Well For Sector

RE:RE:RE:RE:RE:RE:Bodes Well For Sector

Aecon over 20$ by the end of the year is not far fetch in my book. This represents a potential 18% gain while still enjoying a nice dividend. However I'm very cautious at the moment and prefer to not add to my current Aecon position. Actually, I'm mot adding to any position and selling other stocks.. call me crazy or cheap or whatever but I prefer to have a lot of cash ready to deploy with the current macroeconomic issues. Last time I had so much cash on hand was very beneficial to my portfolio.
 

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