February 28, 2019 10:25 am eastern

Stantec’s earnings came in apparently somewhat above expectations. But not great. There is a 5.5% dividend increase. Our latest rating was (lower) Buy and from a quick look at the earnings report I don’t think the rating will increase. I plan to trim my position today to have cash and/or move into higher rated stocks and also increase diversification. Stantec currently represents about 4% of my portfolio.

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