Although I’m a big fan of stocks, there are many I wouldn’t touch with a 10-foot pole. From deeply unprofitable growth stocks that are burning through cash, to beaten down names that are beaten down for a reason, there’s much I don’t like in the world of equities. In many ways, stock picking is about finding the rare diamond in a sea of coal. With that in mind, here is one TSX stock that I would not touch with a 10-foot pole.
AtkinsRéalis
AtkinsRéalis (TSX:ATRL), formerly known as “SNC Lavalin,” is a Canadian domestic contractor that has been involved in many serious scandals over the years. The most serious of these was the SNC-Lavalin affair, in which the company was caught bribing African officials, and the Trudeau government was accused of running a cover up for the company.
AtkinsRéalis is an established company that does a lot of important work. As an engineering contractor, it works on bridges, buildings, and…
