EMCOR Group (EME) is the largest electrical and mechanical construction and facilities services firms in the US with some operations in the UK. I set myself out to find some beneficiaries that might have been left behind as the economy starts to ramp up, especially within the industrial sectors. EMCOR is lightly-followed, undervalued, and has a few catalysts to push it higher.
The stock has been a bit weaker recently due to its third quarter results in October that missed consensus considerably. The negative surprise was largely a result of the Federal Government shutdown, a temporarily higher tax rate, drags from two problem projects in their Mechanical segment and softer sales in their new acquisition. However, those issues...
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