BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Chicago Bridge & Iron: Chart of Beauty]]>http://www.bloggingstocks.com/2010/04/08/chicago-bridge-and-iron-chart-of-beauty/http://www.bloggingstocks.com/2010/04/08/chicago-bridge-and-iron-chart-of-beauty/http://www.bloggingstocks.com/2010/04/08/chicago-bridge-and-iron-chart-of-beauty/#commentsFiled under:

The shares of Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009 at a price of $7.31, are expected to pull-back this year, on a projected revenue dip.

With the above in mind, it's reasonable for those who bought CBI in April 2009 to take some profits off the table at this juncture, as the stock is up more than 200% since that time.

More-assertive investors can go for even greater gains on the calculation that 2010 revenue may not drop as much as the projected 3-7% decline.

Continue reading Chicago Bridge & Iron: Chart of Beauty

Chicago Bridge & Iron: Chart of Beauty originally appeared on BloggingStocks on Thu, 08 Apr 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago BridgeThu, 08 Apr 2010 16:00:00 EST<![CDATA[Chicago Bridge & Iron: Back Up the Truck (Again)]]>http://www.bloggingstocks.com/2010/01/18/chicago-bridge-and-iron-back-up-the-truck-again/http://www.bloggingstocks.com/2010/01/18/chicago-bridge-and-iron-back-up-the-truck-again/http://www.bloggingstocks.com/2010/01/18/chicago-bridge-and-iron-back-up-the-truck-again/#commentsFiled under:

Chicago Bridge & Iron (CBI) just keeps rolling along, and I'm obviously reiterating my buy rating for the company's shares, first recommended on April 6, 2009 at a price of $7.31.

If you bought CBI in April 2009, you're up about 200%, and there's more ahead in 2010. Look for better days and quarters in FY2010 CBI: widening margins, and a rebound in the U.S. refining and Canadian oil sands segments, all amid strong Middle East orders, should produce a very good year for CBI.

Continue reading Chicago Bridge & Iron: Back Up the Truck (Again)

Chicago Bridge & Iron: Back Up the Truck (Again) originally appeared on BloggingStocks on Mon, 18 Jan 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago BridgeMon, 18 Jan 2010 15:00:00 EST<![CDATA[Chicago Bridge & Iron excels in storing value]]>http://www.bloggingstocks.com/2008/02/12/chicago-bridge-and-iron-excels-in-storing-value/http://www.bloggingstocks.com/2008/02/12/chicago-bridge-and-iron-excels-in-storing-value/http://www.bloggingstocks.com/2008/02/12/chicago-bridge-and-iron-excels-in-storing-value/#commentsFiled under:

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And with the above in mind, Chicago Bridge & Iron is worth an evaluation.

Chicago Bridge & Iron Company N.V. (NYSE: CBI) is a global, engineering, procurement, and construction company specializing in turnkey projects for customers that produce, process, store, and distribute the world's natural resources.

Analysts see strong 30-35% revenue growth in 2008 after a similar performance in 2007. Demand for crude oil terminal storage and process-related work in the U.S. should remain strong, including elevated water tanks and steel plate structures.

Labor costs are reasonable, with good overall cost containment. Margins are expected to increase in 2008. In general, analysts view CBI as well-positioned to take advantage of favorable market trends. The Reuters FY 2008/FY 2009 EPS consensus estimates for CBI are $1.76/$2.38.

Continue reading Chicago Bridge & Iron excels in storing value

Chicago Bridge & Iron excels in storing value originally appeared on BloggingStocks on Tue, 12 Feb 2008 17:51:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridgeconstruction servicesenergystorage tanksTue, 12 Feb 2008 17:51:00 EST<![CDATA[Analyst downgrades 8-28-07: BBBY, BSC, C and LEH]]>http://www.bloggingstocks.com/2007/08/28/analyst-downgrades-8-28-07-bbby-bsc-c-and-leh/http://www.bloggingstocks.com/2007/08/28/analyst-downgrades-8-28-07-bbby-bsc-c-and-leh/http://www.bloggingstocks.com/2007/08/28/analyst-downgrades-8-28-07-bbby-bsc-c-and-leh/#commentsFiled under: , , , , , , , ,

MOST NOTEWORTHY: Bear Stearns (BSC), Citigroup (C), Lehman (LEH), Chicago Bridge & Iron (CBI) and Bed Bath & Beyond (BBBY) were today's noteworthy downgrades:
  • Merrill downgraded Bear Stearns (NYSE: BSC), Citigroup (NYSE: C) and Lehman Brothers (NYSE: LEH) to Neutral from Buy to reflect greater earnings risk stemming from the slowdown in securitization and mortgage. Merrill also finds it "inevitable" that revenue from underwriting and advising on takeovers will slow.
  • Stanford downgraded shares of Chicago Bridge & Iron (NYSE: CBI) to Sell from Hold as they believe the premium valuation is unjustified given the Lummus acquisition.
OTHER DOWNGRADES:
  • Goldman downgraded Zale (NYSE: ZLC) to Sell from Neutral.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 8-28-07: BBBY, BSC, C and LEH originally appeared on BloggingStocks on Tue, 28 Aug 2007 10:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystbbbybear stearnsBearStearnsbed bathBedBathbsccbichicago bridgeChicagoBridgecitigroupdowngradelehlehmanmaximmximoceaneeringoiiprivatebacorppvtbratingzalezlcTue, 28 Aug 2007 10:13:00 EST<![CDATA[Hilary Kramer: Market has further to fall, but there is opportunity in KDN, CBI, ACH]]>http://www.bloggingstocks.com/2007/08/21/hilary-kramer-market-has-further-to-fall-but-there-is-opportun/http://www.bloggingstocks.com/2007/08/21/hilary-kramer-market-has-further-to-fall-but-there-is-opportun/http://www.bloggingstocks.com/2007/08/21/hilary-kramer-market-has-further-to-fall-but-there-is-opportun/#commentsFiled under: , , , , , , , ,

The stock market has stabilized somewhat in recent days, but I still have a very pessimistic outlook for stocks, as I explain in this video. I think stocks could fall another 25%.

I am deeply worried about the financials, like mortgage company Countrywide Financial Corporation (NYSE: CFC) and high-end consumer stocks like Nordstrom, Inc. (NYSE: JWN).

Nonetheless, I think there are opportunities in some niche plays. I advise investors with cash to put in the market to take a look at electric utility Pinnacle West Capital Corporation (NYSE: PNW), ballbearing company Kaydon Corporation (NYSE: KDN), and bridge builder Chicago Bridge & Iron Company N.V (NYSE: CBI).

Internationally, I suggest looking to China plays like Aluminum Corp. of China Limited (ADR) (NYSE: ACH) and global environmental plays like Veolia Environment (ADR) (NYSE: VE). Finally, I offer a stock tip: Darling International Inc. (ASE: DAR) is a little-known environmental company which gets paid to collect waste like animal by-products and cooking grease and turns it into biodeisel which it then sells. Enjoy the video!

Hilary Kramer: Market has further to fall, but there is opportunity in KDN, CBI, ACH originally appeared on BloggingStocks on Tue, 21 Aug 2007 17:46:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chicago BridgeChicagoBridgeChinaCountrywide FinancialCountrywideFinancialHilary KramerHilaryKramerKaydonNordstromStocksvideoTue, 21 Aug 2007 17:46:00 EST