JEC - Jacobs Engineering Is A Great Long-Term Buy And Hold
Jacobs Engineering Group Inc. (JEC) continues to grow and adapt with changing times, with its latest acquisition of CH2M continuing to show impressive integration results. The company's upcoming divestiture of its Energy, Chemicals, and Resources ((ECR)) division looks to be another great move by management as it continues to improve its business footprint. A return to minimal debt levels along with growing margins should allow the company to focus on returning outstanding shareholder value over the coming years until the next growth opportunity arises.
Jacobs' Q1 earnings call included double-digit top and bottom