Parsons Corporation PSN

$PSN
Easy 120 on great earnings!

$PSN
Will trade sideways until earnings

$PSN would love a forward split. Average is just over $30. Let's go all the way

$PSN
So Jacobs is a Parsons peer with less technology or AI capabilities. It ran to 120 then stalled with the market, Now it’s at 140! Parsons seems like a better firm all around. We get another Fed cut this will pass 120!!!

$PSN
Long hold. Folks
Jacobs $J at 139
PSN 120 then 140
Huge institutional base supporting Parsons

$PSN
Profit taking pull back
Has to pull back to go to 120

$PSN Parsons will be in Ukraine - over 500 billion to rebuild - stay tuned - will be epic

The World Bank, United Nations and European Commission estimate the cost of reconstruction and recovery after two years of war to be around $486 billion, according to a new joint report. This is an increase of $75 billion from last year.

$PSN 4.6 billion construction project!

CHANTILLY, Va., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the Georgia Department of Transportation (GDOT) and the Georgia State Road and Tollway Authority (SRTA) have selected a team that includes the company as lead engineer for the State Route 400 (SR 400) Express Lanes Major Mobility Investment Program (MMIP) Project. The project is led by a Public Private Partnership (P3) awarded to SR 400 Peach Partners consisting of Acciona Concesiones, ACS Infrastructure, and Meridiam as the lead operations, maintenance, and toll operations providers. Dragados and Acconia Construction will serve as the lead construction contractors, and Indra USA will serve as the toll systems integration contractor. Parsons will serve as the lead engineer for the construction contractors.

This $4.6B project will add new express lanes in both directions

$PSN
Parson will double in value with the rebuilding of Ukraine - target 140 to 180 in 2025
Bechtel already set up shop and PSN following

Competition $J jacobs is trading at 140 on weaker business model