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$50.74 -0.31 (-0.61%)
8/28/2008 4:00 PM

Foster Wheeler Ltd. (FWLT)

CAPS Rating:
*****

The Company provides engineering and construction services to the oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, power generation, and power plant operation and maintenance sectors worldwide.

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Recs

8

Avatar paats78 (63.55) Submitted: 5/07/08 6:17 PM : Outperform Start Price: $66.15 FWLT Score: -16.43

They announced good earnings beat estimates by 12 cents per share. The stock got beat up due to the fact that the CEO shared a softness in the NA market but this sector is about 10% of total revenue for the company.
Their backlog has grown and they will continue to have earnings growth.
Definately a buy.

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