Professional
Added to YB: 2024-11-08
Pitch date: 2024-10-16
PSN [bullish]
Parsons Corporation
-41.89%
current return
Author Info
No bio for this author
Company Info
Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets in North America, the Middle East, and internationally.
Market Cap
$6.3B
Pitch Price
$108.67
Price Target
N/A
Dividend
N/A
Sector
Professional Services
Category
growth
Columbia Acorn Fund Portfolio Holding: Parsons Corporation
PSN: Defense & infrastructure co. with 75-yr history. Strong in cybersecurity, intel, critical infrastructure. Pivoted to high-margin growth areas. Leading in Middle East (20% rev) with infrastructure potential. Well-positioned for cyber, AI, environmental remediation tailwinds. Management executing well.
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