Chicago Bridge & Iron Company N.V. (NYSE:CBI)

CAPS Rating: 5 out of 5

An engineering, procurement and construction company, serving customers in a number of key industries including oil and gas; petrochemical and chemical; power; water and wastewater; and metals and mining.

Recs

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Player Avatar checklist34 (99.82) Submitted: 2/25/2009 1:07:49 PM : Outperform Start Price: $5.48 CBI Score: +152.21

I'm taking a long position this morning in the low $5s on the huge drop (~30% on 2/25/09). CBIs guidance was vague and that scared people, which has created a buying opportunity on a 5 star stock (I do put some thought into CAPS ratings, and if CAPS doesn't condone a stock I do alot of reading about it before buying in. 5 stars + a forward p/e (taking the worst case of what was discussed today) of 5 + very controllable debt and no real chance of bankruptcy = a buy. :)

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