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

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Stantec Inc. is trading near its 52-week highs after reporting strong earnings and raising its dividend. Analysts believe the Canadian engineering firm remains undervalued when compared to larger U.S.-listed peers like AECOM and Jacobs, offering an attractive opportunity for investors seeking exposure to North American infrastructure and water spending. The article analyzes the drivers behind Stantec’s performance, its competitive positioning, and potential risks, concluding that it serves as a defensive yet growth-oriented investment for long-term infrastructure bulls.

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