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Who would have dreamt of raunchy, pop singer Tom Jones matching up with rock-blues legend Janis Joplin? In late 1969, Jones, of It’s Not Unusual fame, headlined a popular tv show and asked Joplin to join
Great Lakes Dredge & Dock: As Unique As A Tom Jones And Janis Joplin Duet
Summary
- SA lists the performance as beating the S&P 500 Index returns for 1-week, 1-month, 6-month, YTD, and 1-yr periods. For 3-yr return period, the stock has equaled the SPY return.
- Great Lakes Dredge & Dock is expanding into the offshore wind farm construction business with the only Jones Act compliant subsea rock installation vessel.
- Much like the Jones-Joplin duet, Great Lakes Dredge & Dock has very unique investment attributes which creates a profitable future for the firm.
- The stock is underfollowed with only 2 Wall Street firms offering coverage.
I am the author of Guiding Mast Investments monthly newsletter, focused on timely dividend paying stocks. Our mission at Guiding Mast Investments is to help investors keep a steady pace of wealth accumulation as they navigate through their financial voyage. I have been a Registered Investment Advisor, financial author, and entrepreneur. I bring a variety of expertise to my clients, from personal investment planning and management to stock market analysis skills. I am the creator of the late 1990s investment newsletter Power Investing with DRIPs focused on timely selections of dividend paying stocks. I have also published two books through McGraw Hill, All About DRIPs and DSPs (2001), and The StreetSmart Guide to Overlooked Stocks (2002). My work experience covers a variety of fields.Prior to being a RIA, I spent 15 years as a corporate manager at Georgia-Pacific Corp before venturing out on my own, operating several businesses from manufacturing to export marketing management. President Ronald Reagan appointed me to the National Advisory Council overseeing the Small Business Administration from 1988 to 1991. Now comes the obligatory disclaimers: The opinions and any recommendations expressed in this commentary are those of the author . None of the information or opinions expressed in this article constitutes a solicitation for the purchase or sale of any security or other instrument. Nothing in this commentary constitutes investment advice and any recommendations that may be contained herein have not been based upon a consideration of the investment objectives, financial situation or particular needs of any specific recipient. Any purchase or sale activity in any securities or other instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results. The information contained in this report does not purport to be a complete description of the securities market, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Expressions of opinion are as of this date and subject to change without notice. Either Mr. Fisher or his employer, if any, may hold or control long or short positions in the securities or instruments mentioned.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of GLDD, D either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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