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Stantec Inc. (STN): A Bull Case Theory

We came across a bullish thesis on Stantec Inc. (STN) on Investing Intel’s Substack. In this article, we will summarize the bulls’ thesis on STN. Stantec Inc. (STN)'s share was trading at $101.83 as of 23rd May. STN’s trailing and forward P/E were 41.89 and 26.39 respectively according to Yahoo Finance.

[caption id="attachment_1153737" align="aligncenter" width="450"] Photo by Shane Cottle on Unsplash[/caption]

Stantec (NYSE: STN) has continued to benefit from a favorable macro backdrop driven by increasing infrastructure investment and demand for sustainable solutions. In Q1...