The secular growth trends in oil and gas services and infrastructure continue, and a company well-positioned in these two promising sectors, and by extension, worth a review, is Jacobs Engineering Group.
Jacobs Engineering Group (NYSE: JEC) is a diversified engineering/professional technical services company providing services to the chemical, petroleum, pharmaceutical and biotech sectors. The company also has aerospace and defense contracts with the U.S. government.
Analysts expect 14-20% revenue growth for F2008 on strong upstream oil/gas and downstream petroleum refining work. Public transportation infrastructure work also remains solid.
Analysts also like JEC's growth opportunities for chemical projects in the Middle East and Europe. Further, overall margins are expected to improve. The Reuters F2008/F2009 EPS consensus estimates for JEC are: $2.99/$3.59.
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FeedJacobs Engineering: Two secular growth trends with investor appeal
Continue reading Jacobs Engineering: Two secular growth trends with investor appeal
Harris Corp. captures the best of the public, private realms
If technology sector operations combined with stable government contact work sounds like an appealing play, you're not the only one to reach that conclusion.
Harris Corporation (NYSE: HRS) develops communications products/solutions for government and commercial customers.
Harris' manufactures satellite, microwave, and wireless network transmission equipment, air traffic control systems, mobile radio systems, and digital network broadcasting and management systems. The U.S. Government is Harris' largest customer.
Harris Corporation (NYSE: HRS) develops communications products/solutions for government and commercial customers.
Harris' manufactures satellite, microwave, and wireless network transmission equipment, air traffic control systems, mobile radio systems, and digital network broadcasting and management systems. The U.S. Government is Harris' largest customer.
Continue reading Harris Corp. captures the best of the public, private realms
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