The energy sector has outperformed thus far in 2024, but some stocks outside the sector have incredible and proven growth potential. Two companies that have rebranded and one heavy metal mining company are TSX’s future giants.
AtkinsRéalis (TSX:ATRL), formerly SNC-Lavalin, continues to win contract awards in the engineering and construction industry. Mattr Corp. (TSX:MATR), formerly Shawcor, is now a growth-oriented, global materials technology company serving critical infrastructure markets. NexGen Energy (TSX:NXE) is developing the Rook I Project, the world’s largest, low-cost producing uranium mine.
Multiple contract wins
AtkinsRéalis is always in the news due to successive contract awards. In 2023, service revenue and backlog rose 20.8% and 16.1% year over year to record highs of $8 billion and $13.7 billion. Notably, adjusted net income climbed 143% to $274.1 million versus 2022.
Its president and chief executive…
