Latest production by Chronicle for JaguarMedia Investing Series covers the bull case for Arcosa (ACA). A pure play on “Buy America / Build America” theme that benefits from improving Manufacturing PMIs with a focus on green energy policies. The $2.6 billion construction and engineering company is run by strong management which was able to keep revenue growth positive YoY even during the toughest time of pandemic-led shutdowns in 2020. From here, given the catalysts in play and improving macro, we believe growth rate will accelerate in 2021. Full research note and slide deck included on the website.

 

 

Attachments: Slide Deck | Research Note