RESEARCH AND INVESTMENT IDEAS
The blocking of Aecon’s takeover is far from negative.
TD Securities says, “Aecon’s robust backlog, diverse end-market exposure, and healthy new-award prospects support our positive view on the company’s outlook”…and that the stock has “attractive upside potential”.
Setbacks often offer opportunities. That’s the case this week with our Capital Ideas Digest cover story idea, which now has 30% upside after the stock got hit due to a one-time situation out of the company’s control. Look for that tomorrow.