Saturday, January 3, 2015

Willdan and CDI, engineering a new stock portfolio

The improved economic environment together with further diversification of services and expansion into new geographies are securing a solid foundation for future growth and profitability in the engineering & R&D services arena. Two stocks standout as leaders in the sector.

Willdan Group, Inc. (NASDAQ:WLDN) 

Willdan Group is a provider of professional technical and consulting services to public agencies at all levels of government, public and private utilities, and commercial and industrial firms. It offers services in four segments: Engineering Services, Energy Efficiency Services, Public Finance Services, and Homeland Security Services. The company assists its clients with a range of complementary services relating to engineering and planning; energy efficiency and sustainability; economic and financial consulting, and national preparedness and interoperability. Willdan operates its business through a network of offices located primarily in California and New York. The company also has operations in Arizona, Florida, Texas, Washington and Washington, D.C.

WLDN shares are up 188 percent over the last 52 weeks (Jan. 6, 2014 to Jan. 2, 2015). This year alone the stock is up seven percent, closing Friday at $14.50 per share, up seven percent for the day. WLDN has a 52-week low of $4.34 and a high of $18.92.

CDI Corp. (NYSE:CDI) 

CDI is an integrated engineering and technology services company. Effective January 2012, the company’s segments included: Global Engineering and Technology Solutions (GET), Professional Services Staffing (PSS) and Management Recruiters International, Inc. (MRI). CDI’s restructured business is focused on offering services through three geographic regions: the Americas; Europe, the Middle East and Africa, and Asia Pacific. The majority of the company’s operations are located in the Americas. Its GET provides engineering and information technology solutions for its clients that include the production of deliverable work products or services performed at a CDI facility or at a client’s facility. Its PSS provides technical and professional personnel to its clients. MRI is a global franchisor that does business as MRINetwork and provides the use of its trademarks, business systems and training and support services to its franchisees.

CDI shares are down two percent over the last 52 weeks (Jan. 6, 2014 to Jan. 2, 2015). This year alone the stock is down two percent, closing Friday at $17.32 per share, down two percent for the day. CDI has a 52-week low of $12.91 and a high of $18.89.

CDI paid a $0.13 dividend in March, May, August and November 2014. 

Disclaimer: This post is provided for information purposes only and should not be used as the basis for any investment decision. I am neither licensed nor qualified to provide investment advice. Keith Stein has no position in any stock mentioned in this post. DCNewsroom has no position in any stock mentioned in this post.

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