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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (151355)5/2/2023 4:55:04 PM
From: Goose94Read Replies (1) | Respond to of 202925
 
Aecon Group (ARE-T) top pick from Michael Sprung on BNN.ca Market Call Tuesday May 2nd @ 1200ET

Aecon is a leading construction and infrastructure company. With the recent sales of a 49.9 per cent minority stake in the Bermuda International Airport concession for US$128.5 million and the sale of the Ontario road-building business for $235 million, ARE is in a much stronger financial position. The four remaining problem fixed-price contracts should be substantially completed by next year. Aecon is now in a position to concentrate on more lucrative contracts in a robust bidding environment. At current levels, the stock is yielding near 5.9 per cent.

Owned personally and by clients, last purchase October 2022 at $10.45