Tetra Tech Inc. (TTEK)

Water treatment. Consult, project management and engineering work. More recently, in Canada, Australia and several countries in South America, they are moving more away from government business and into private businesses. 60% private and 40% government which is a reverse of the same ratio from when he first started talking about it. Good double-digit earnings growth in the next 2 years. He is looking for an 18% gain from here.

World leaders in consulting and project management of anything to do with water purification, preservation, etc. Making interesting acquisitions. Have a pipeline as well, which will be very useful in transporting dirty water from mines to cleaning facilities. Looking for $32.50 and looking out beyond that he can see $35 plus. EPS of $1.63.

(A Top Pick Dec 16/11. Up 25.49%.) (Environmental services) In the consulting, design and project management for private industries, in an increasing extent. Have expanded into Canada, Brazil, Chile and Australia. Great Buy for the long-term.

One of the world leaders in consulting, design and project management of a lot of areas that use water. More recently they had been a child of the state and US governments. Now about 60% commercial in Canada, Australia, Brazil and Chile. This will increase. It’s a higher margin business.

(A Top Pick Oct 4/11. Up 45.4%.) Water and environmental cleanup business. Still adding to new accounts.

Provides engineering/consulting services, primarily focused in water/environmental issues. Industry fundamentals are very positive. Still sees more than 20% upside on this stock. Doesn’t pay a dividend so this is more of a growth stock.

(A Top Pick Aug 18/11. Up 40.6%.) Engineering, consulting, project management globally. Basically there is a need to conserve water and use it more efficiently. This is an ever-increasing need. Deals with mining and oil companies and in Canada particularly in the oil sands and with energy companies in Australia, Chile and Argentina.