This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"Like a neglectful homeowner who has let their house fall into a dilapidated state of disrepair, the federal government has quite a bit of housekeeping to do; if Obama wins the election, we would look towards infrastructure plays such as Fluor (NYSE: FLR)," says Nathan Slaughter, editor of Half-Priced Stocks.
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
Based on their campaign promises and party platforms
Have to love the Fluor (FLR) - probably had this contract sitting in their back pocket considering they just announced earnings yesterday, without mention of said contract. The market completely destroys their stock on "more fears of the future" and they come out with a $4 billion contract. Nice. Now instead of being down 12% on stellar earnings, they are only down 6%. (we consider that an up day around here) Boo Yah.
Fluor Corporation (NYSE: FLR - News) announced today that the company was awarded multiple contracts by BP America for its Whiting (Ind.) Refinery modernizati
I am once again aghast at the reaction toFluor (FLR) earnings - either we are heading for the type of global recession no one can fathom or the hedge fund liquidations are continuing hot and heavy. And if its the former, trust me, buying anything in the US just because "we'll be the first to recover" is simply a fool's game. I continue to ask where the next leadership group will be if we are going to bludgeon these names with true earnings power and a global growth bent - sorry a market led up by retailers, financials, and airlines in an economy that is just now really beginning to face ...
A lot of earnings gaps are being filled... gaps are a controversional subject in the technical trader world (of which I am loosely associated, although I am more of a fundamentalist) - BUT we have to respect charts and frankly the world looks a lot scarier without them because all you see are stocks in free fall. I went many years without using charts when I first started and looking back now, I don't know how I did it - it seems completely foreign not to look at them at this point. The controversy of gaps comes with the question - do all gaps get filled? No, not all gaps get filled, but...
Fluor (FLR) and Perini (PCR) are in the same sector - infrastructure. That's about all they have in common. I have owned both at one time or the other, but clearly owning Perini (PCR) was a mistake. My thesis with infrastucture is to focus on the customer base - oil rich Arabs, trade rich Chinese, and essentially bankrupt (federal) US government with unending pocketbook (read: your taxes) who runs deficits to their hearts content. That was my error with Perini - unfortunately their customer base is heavily focused on non federal government Americans (although they are trying to change ...
The engineering and construction companies had a great year in 2007, and the current environment is like that of the deep offshore drillers. They have large backlogs of work, and an environment that is very bullish for their businesses. Fluor Corp. (FLR) is the largest, and arguably the best one of these companies.
One hundred and one days ago, I placed a buy recommendation on theupdown.com, and since then it is up 45.20%. The world is currently a bullish venue for infrastructure and energy, and based on its size and specialization, FLR is in the best position to take care of the world's nee
Fluor Corporation (NYSE: FLR) provides engineering, procurement, construction management and project management services worldwide. Projects involve the design and construction of manufacturing facilities, transportation infrastructure, refineries, healthcare buildings, power plants and telecommunications infrastructure. The company also provides administrative and support services to the U.S. government. The oil and gas sector accounts for about 50% of sales.
I get a lot of questions on why I don't invest in wind; frankly there are
very few opportunities.<!----> Most major players are (a) in Europe (b) part
of much larger conglomerates (GE/Siemens) or (c) smallish US companies
with skittish histories.
Fluor said the project would be the world's largest offshore wind farm.Construction work on the offshore site is expected to begin in summer2009. Work to prepare for an onsho
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FLR
About Fluor Corp.
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One hundred and one days ago, I placed a buy recommendation on theupdown.com, and since then it is up 45.20%. The world is currently a bullish venue for infrastructure and energy, and based on its size and specialization, FLR is in the best position to take care of the world's nee
