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Top Stock Picks '09: URS Corp. (URS)

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"Infrastructure is a clear priority for President-elect Obama," says Bill Wilton, editor of Zacks Growth Trader looks to construction management firm, URS Corp. (NYSE URS) as his top idea for 2009.

"Typically, as we get down to the last page on the calendar, most market participants have a concrete opinion on what the next 12 months will bring.

"This year we have the benefit of the soon-to-be president of the United States telling us what to plan for, given his stated plans to focus on the nation's infrastructure.

"URS Corp provides a wide range of construction management and technical services for several industries that should benefit from the Obama's plan.

"The particularly relevant sectors include transportation, general building, and utilities. The company services government entities as well as private and institutional clients.

Continue reading Top Stock Picks '09: URS Corp. (URS)

Chicago Bridge & Iron excels in storing value

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

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Last updated: November 25, 2009: 07:12 PM

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