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$60.36 1.82 (3.11%)
5/16/2008 4:02 PM

McDermott International (MDR)

CAPS Rating:
*****

An engineering and construction company has three reportable segments: Offshore Oil and Gas Construction, Government Operations and Power Generation Systems.

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Avatar TDRH (100.00) Submitted: 4/29/08 11:48 AM : Outperform Start Price: $56.06 MDR Score: 4.79

Disclosure I have owned this stock since 2000. Would not recommend other buy in at this price level relative to earnings. They reported some problems with projects due to weather and took a hit on their stock today. Overall though the company has a 10Billion dollar backlog, and their services continue to be in high demand.
Just playing for a bounce.

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