Stantec Stock Near Highs: Still Undervalued vs. US Peers?

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Stantec Inc. (NYSE: STN) is trading near its 52-week highs after strong earnings and a dividend increase, with analysts still seeing upside compared to larger US engineering firms like AECOM and Jacobs. The Canadian firm, with significant US revenue, offers investors exposure to North American infrastructure and water spending, providing a blend of growth and stability within a portfolio. Despite recent gains, the article suggests Stantec may still be undervalued given its resilient backlog, margin expansion, and consistent organic growth.

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