Topic: Dividend Stocks
SNC-LAVALIN GROUP INC. $50 (www.snclavalin.com) continues to win new oil and gas engineering contracts. Recent deals include an agreement to design pipelines and pumping stations in Iraq for an unspecified amount. In addition, Colombia’s Ecopetrol oil firm has hired SNC to help improve its oil pipeline systems. This two-year deal is worth $87 million, or 1% of SNC’s annual revenue of $8.2 billion. Buy.
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