AEGION CORPORATION (NASDAQ:AEGN)
CAPS Rating:
The Company is a worldwide provider of proprietary trenchless technologies for the rehabilitation and improvement of sewer, water, gas and industrial pipes.
The Company is a worldwide provider of proprietary trenchless technologies for the rehabilitation and improvement of sewer, water, gas and industrial pipes.
Recs
This company is badly down from its highs and for no particular reason than the current financial malaise. Yet, it straddles a number of key growth industries and commodities - water, sewers, pipelines, purification, infrastructure. They may not make big-pig buck off of Irene, but the hurricane has helped to demonstrate how very badly even rural areas need pipeline upgrades and replacement. Several analysts also rated them as BUYs recently, but I think Insituform is a solid long term play just now being discovered.