Great Lakes Dredge and Dock (GLDD) is a small-cap firm specializing in a niche industry of the Heavy and Civil Engineering Construction sub-sector. Commonly known as infrastructure stocks, this group include road paving, cement and aggregates, steel, and heavy equipment manufacturing and rental companies. However, Great Lakes Dredge, the largest US dredging company, is often overlooked and is an under-followed stock in the infrastructure sector. The stock is trading at relatively inexpensive multiples, especially for an overvalued market, and offers long-term shareholders unique exposure to a critical industry. While hardly mentioned in discussions