Four to buy
Costain
Shares This infrastructure engineer is a great example of an unjustly overlooked UK small cap.
The infrastructure business is low-margin and dependent on contract wins, but it is also reliable work in times foul and fair, and Costain has a solid order book. The shares are still 70% short of their pre-pandemic level on a price/earnings (p/e) ratio of just 7.5, which represents excellent value. The market capitalisation is so depressed that it barely exceeds
