Why this fund manager tips Downer EDI (ASX:DOW) as the share to own in 2021

After ringing in the new year, many ASX investors are looking to add new shares to their portfolios. And perhaps sell some they believe will underperform in 2021.

We’ll let the potential underperformers rest for today. Instead we turn to a share that Centennial Asset Management’s Matthew Kidman believes could lead the ASX charge higher in the year ahead.

Namely, Downer EDI Limited (ASX: DOW).

Why Downer is tipped to outperform in 2021

If you’re unfamiliar with Downer EDI, the company designs, builds and sustains assets, infrastructure and facilities in Australia and New Zealand. It operates across a range of industries including transport, utilities, mining, engineering and construction. Downer is part of the S&P/ASX 200…