NEW YORK (TheStreet) --One stock telling the story of the post-election Donald Trump rally is Aecom. (ACM) Since Wednesday of last week, shares of the multi-national engineering firm are higher 32.8%, carrying the momentum of a possible massive infrastructure spend under the Trump administration.
The Los Angeles-based engineering firm has played a role in the developments of NYC's One World Trade Center, the Los Angeles Rams' new football stadium, and the Los Angeles airport.
"We think we are at a unique moment here for a number of reasons," CEO Michael Burke said on CNBC's "Power Lunch" today. "We have seen benefit across the entire sector due to the so-called 'Trump Effect' with a renewed excitement about infrastructure."
However positive campaign rhetoric is not all that's powering the company forward. Aecom is continuing to build and grow based on its fundamentals.
"Last quarter we had the highest number of project wins ever in the history of the company. We had $6.3 billion of new project wins in the quarter," Burke noted. "We followed it up with the first five weeks of this quarter where we had another $3.4 billion of wins."
The company will carry that momentum forward and is "ready" for the funds that will be pumped into the infrastructure market place, Burke said.
"We have 95,000 of some of the brightest people in the world working for this company across a whole host of sectors," he stated. "We are ready for it; we have been waiting for this."
Shares of Aecom were creeping lower in mid-afternoon trading on Friday.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rated this stock as a "hold" with a ratings score of C+.
The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.
You can view the full analysis from the report here: ACM