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NRW Holdings has been among the best-performing stocks over the past few sessions following a strong trading update.

NWH indicated they have a strong pipeline of new projects as an acceleration of public infrastructure spending occurs.

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Based on FY21 earnings of $160mn we have the stock on a forward yield of 4.1%.

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
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