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$36.35 -0.27 (-0.74%)
8/28/2008 10:25 AM

Granite Construction, Inc. (GVA)

CAPS Rating:
***

The Company is a heavy civil contractor and a construction materials producer. It is engaged in the construction of highways, dams, airport infrastructure, mass transit facilities, real estate site development and other infrastructure related projects.

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Avatar Tak3natheFlood (31.67) Submitted: 6/20/08 9:55 PM : Outperform Start Price: $33.66 GVA Score: 10.26

California is the 9th largest economy in the world and the Gubernator has it in good shape. Its growth should be something to watch. Granite Construction is there to meet their needs. As for its shareholders it is increasing their value but their is currently a great buying opportunity right now. It is also at a significant discount to future earnings.

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