Emily Flippen
👤 SpeakerAppearances Over Time
Podcast Appearances
This is actually a Canadian consulting business.
Before you start rolling your eyes and explaining, I just made the argument against Gartner and why you shouldn't like consulting businesses, Stantec is doing something special.
They are niche.
They serve industrial build-outs, buildings, water, energy, these sorts of projects that actually need specialized knowledge.
And they do that through like a fee-for-service consulting for a lot of these engineering and architectural projects.
Their strategy, and this is a company that's been around since the 1950s, has been to always acquire and roll up these smaller engineering firms across the world.
And they track ROI really diligently as part of that process.
And it's led to great results for shareholders so far.
No, no, Dan, come on, get it together.
They will subcontract, okay?
The subcontractors call them the picks and shovels.
We're digging up bank earnings and trying to figure out between Robin Hood, beer, and cannabis if the kids are truly doing all right.
This is Motley Fool Money.
It's Tuesday, October 14th.
Welcome to Motley Fool Money.
I'm your host, Emily Flippen, and today I'm joined by analysts Jason Hall and Jeff Santoro.
Guys, I am really excited to get into some of the shifting trends that we've been seeing over the course of the past year.
That includes a 250% rise in Robinhood shares, as well as beer and alcohol consumption reaching all-time lows in the United States.
But first, I know we have some very important housekeeping to do with the news of the day and bank earnings.
I mean, I guess we really should eat our veggies before moving straight to dessert, right?