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[Is Chicago Bridge's Stock Headed to $40 and Beyond?]]>http://www.bloggingstocks.com/2011/02/07/is-chicago-bridges-stock-headed-to-40-and-beyond/http://www.bloggingstocks.com/2011/02/07/is-chicago-bridges-stock-headed-to-40-and-beyond/http://www.bloggingstocks.com/2011/02/07/is-chicago-bridges-stock-headed-to-40-and-beyond/#commentsFiled under:

Chicago Bridge (CBI) logoSteady as she goes with Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009, at a price of $7.31, which has pushed through psychological resistance at $30.

Further, obviously if you're in near $7.31 or at a dollar-cost-average below $14, now may be a good time to consider taking some profits off the table with CBI.

However, those investors who can tolerate the risk can hold on to their full position in CBI go for a possible larger gain. I'd also raise the sell/stop loss to $22 from $18 at this stage.

Continue reading Is Chicago Bridge's Stock Headed to $40 and Beyond?

Is Chicago Bridge's Stock Headed to $40 and Beyond? originally appeared on BloggingStocks on Mon, 07 Feb 2011 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronMon, 07 Feb 2011 13:40:00 EST<![CDATA[Chicago Bridge & Iron Expects an Even Better 2011]]>http://www.bloggingstocks.com/2010/11/12/chicago-bridge-and-iron-expects-an-even-better-2011/http://www.bloggingstocks.com/2010/11/12/chicago-bridge-and-iron-expects-an-even-better-2011/http://www.bloggingstocks.com/2010/11/12/chicago-bridge-and-iron-expects-an-even-better-2011/#commentsFiled under:

Chicago Bridge & Iron (CBI) logoIf you took the opportunity to scoop-up more shares of Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009, at a price of $7.31, during its summer dip to about $16, you made the correct move, as CBI has reaccelerated, as forecast, and is now testing $30.

In fact, if you're in at $7.31 or at a dollar-cost-average below $14, if you haven't already, now may be a good time to consider taking some profits off the table with CBI. However, those who can tolerate the risk can hold on to their full position to go for a possible larger gain.

I'd also raise the sell/stop loss to $18 from $14.

Continue reading Chicago Bridge & Iron Expects an Even Better 2011

Chicago Bridge & Iron Expects an Even Better 2011 originally appeared on BloggingStocks on Fri, 12 Nov 2010 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronFri, 12 Nov 2010 14:30:00 EST<![CDATA[Chicago Bridge & Iron: Low-Profile Gem]]>http://www.bloggingstocks.com/2010/07/23/chicago-bridge-and-iron-low-profile-gem/http://www.bloggingstocks.com/2010/07/23/chicago-bridge-and-iron-low-profile-gem/http://www.bloggingstocks.com/2010/07/23/chicago-bridge-and-iron-low-profile-gem/#commentsFiled under:

The shares of Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009 at a price of $7.31, pulled-back as expected this spring, on a projected roughly 10% revenue decline in 2010, but just look on that stock retreat as an opportunity to scoop up shares of a premiere company.

Chicago Bridge & Iron specializes in projects that produce, process, store, and distribute the world's natural resources. Liquid natural gas and refining project revenue will likely decline in 2010, offset somewhat by Canadian oil sands and shale gas/unconventional gas project revenue.

Continue reading Chicago Bridge & Iron: Low-Profile Gem

Chicago Bridge & Iron: Low-Profile Gem originally appeared on BloggingStocks on Fri, 23 Jul 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronFri, 23 Jul 2010 16:00:00 EST<![CDATA[Chicago Bridge & Iron: Back up the truck]]>http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/#commentsFiled under:

In April, the call was that Chicago Bridge & Iron (NYSE: CBI) was undervalued at $7.31. If you bought CBI in April, you're up 178%. Not bad.

Moreover, it goes without saying that I'm reiterating my Buy rating for CBI, first recommended on April 6, 2009.

Continue reading Chicago Bridge & Iron: Back up the truck

Chicago Bridge & Iron: Back up the truck originally appeared on BloggingStocks on Wed, 28 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Canadian oil sandsCanadianOilSandsCBIChicago Bridge and Ironmiddle eastMiddleEastoil sandsOilSandsWed, 28 Oct 2009 17:30:00 EST<![CDATA[Chicago Bridge is undervalued]]>http://www.bloggingstocks.com/2009/08/07/chicago-bridge-is-undervalued/http://www.bloggingstocks.com/2009/08/07/chicago-bridge-is-undervalued/http://www.bloggingstocks.com/2009/08/07/chicago-bridge-is-undervalued/#commentsFiled under:

I'm reiterating my Buy rating for Chicago Bridge & Iron (NYSE: CBI), first recommended on April 6, 2009 at a price of $7.31.

Did you have a chance to get in on CBI in April? If you did, you're up more than 90%. But the good run is hardly over.

Continue reading Chicago Bridge is undervalued

Chicago Bridge is undervalued originally appeared on BloggingStocks on Fri, 07 Aug 2009 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronFri, 07 Aug 2009 12:40:00 EST<![CDATA[Option Update: Chicago Bridge & Iron volatility elevated into lower guidance & charge]]>http://www.bloggingstocks.com/2008/07/16/option-update-chicago-bridge-and-iron-volatility-elevated-into-lo/http://www.bloggingstocks.com/2008/07/16/option-update-chicago-bridge-and-iron-volatility-elevated-into-lo/http://www.bloggingstocks.com/2008/07/16/option-update-chicago-bridge-and-iron-volatility-elevated-into-lo/#commentsFiled under:

Chicago Bridge & Iron (NYSE: CBI), was trading at $31.39 in after market trading last night, below its close of $36.39 Tuesday.

CBI lowered guidance for 2008 and will take a Q2 pretax charge of $317 million on cost over runs associated with two LNG projects in the UK. Goldman Sachs says: "Lowering rating to Neutral on nagging execution risk."

CBI August option implied volatility of 66 is above its 26-week average of 53 according to Track Data, suggesting larger price movement.

Financial Select Sector-XLF overall volatility at 51; 26-week average is 36

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: Chicago Bridge & Iron volatility elevated into lower guidance & charge originally appeared on BloggingStocks on Wed, 16 Jul 2008 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cbichicago bridge and ironChicagoBridgeAndIronFinancial Select Sector-XLFFinancialSelectSector-xlfoption implied volatilityOptionImpliedVolatilityWed, 16 Jul 2008 09:30:00 EST<![CDATA[Cramer on BloggingStocks: Fluor shows the power of execution ]]>http://www.bloggingstocks.com/2008/05/13/cramer-on-bloggingstocks-fluor-shows-the-power-of-execution/http://www.bloggingstocks.com/2008/05/13/cramer-on-bloggingstocks-fluor-shows-the-power-of-execution/http://www.bloggingstocks.com/2008/05/13/cramer-on-bloggingstocks-fluor-shows-the-power-of-execution/#commentsFiled under: , , , , , , ,

TheStreet.com's Jim Cramer says this report highlighted where the success lies in this market: energy and petroleum.

Fluor's (NYSE: FLR) (Cramer's Take) a monster. It shows you that what has hurt the other companies, particularly Chicago Bridge & Iron (NYSE: CBI) (Cramer's Take), is pure execution.

This gigantic beat also serves to remind us of the big dichotomy. You are either in the energy and petroleum products game or you are in a lot of games that don't work.

It's not easy for these companies, some of which have lived off the duress of state and local governments, including Shaw (NYSE: SGR) (Cramer's Take) and to a certain extent Aecom (NYSE: ACM) (Cramer's Take) and URS (NYSE: URS) (Cramer's Take), to become oil-and-gas plays.

The only ones that have transcended it beside Fluor are Foster Wheeler (NASDAQ: FWLT) (Cramer's Take) and Jacobs Engineering (NYSE: JEC) (Cramer's Take), and the only reason you would really know that is longevity. I remember in the early 1980s when FLR and then FWC would compete directly for all of the huge projects after the second oil shock.

Continue reading Cramer on BloggingStocks: Fluor shows the power of execution

Cramer on BloggingStocks: Fluor shows the power of execution originally appeared on BloggingStocks on Tue, 13 May 2008 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acmaecomcbichicago bridge and ironChicagoBridgeAndIronedsfeaturedflrfluorfoster wheelerFosterWheelerfwlthpqibmjacobs engineeringJacobsEngineeringjecjim cramerJimCramermcdermottmdrsgrshawursTue, 13 May 2008 09:00:00 EST