Market Wrap - Stock pick — WBHO
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Steven Schultz from Momentum chose WBHO as his stock pick of the day.
WBHO is the pick, today I think the construction engineering company is currently trading at prices that were last seen in 2007 if I'm not mistaken. I think it's well known that the construction sector has been under pressure, they've also had some pretty unfortunate investments in Australia but I think at current valuations, with it's strong balance sheet, a great management team and if government starts infrastructure expenditure which hopefully we'll hear a little bit about on Wednesday, WBHO could be primed for recovery.
WBHO is the pick, today I think the construction engineering company is currently trading at prices that were last seen in 2007 if I'm not mistaken. I think it's well known that the construction sector has been under pressure, they've also had some pretty unfortunate investments in Australia but I think at current valuations, with it's strong balance sheet, a great management team and if government starts infrastructure expenditure which hopefully we'll hear a little bit about on Wednesday, WBHO could be primed for recovery.
