- Great Lakes Dredge & Dock offers a unique and essential service, is supported by strong US Corps of Engineers investments in its services, and is valued priced.
- In early 2020, management laid out their corporate priorities, and they have been executing well on these 4 corporate goals.
- Trading at a forward PE of 14, most investors should agree GLDD is not overly valued in a stock market filled with extremely high valuation alternatives.
- Great Lakes Dredge & Dock is mainly a harbor, ocean-going waterways and passageways, and beach restoration firm with a 37% market share.
For further details see:
Great Lakes Dredge & Dock: 'Quality, Comfort, And Price... That's Nice'