AECOM Technology Corp (NYSE:ACM)

rebuilding of infrastructure USA/World

bearish engulfing

It is part of Brazil's massive overhaul of it's infrastructure in preparation for hosting the next Olympics.

Positive:
- Cheap valuation relative to peers
- Good world-wide diversification of customers
- Infrastructure investment might very well become a more urgent topic in the US after elections

Negative:
- Will sufer in a recession but this is at least partially priced in
- They are not well represented in China and might not profit from the new Chinese transportation infrastructure investment boom
- Insiders are heavy sellers

Category: R13BRm

Market leader at a very, very attractive valuation.

It has very good valuation.

A little catch up on last week's homework. Aecom (ACM) is an infrastructure selection with a projected annual return of 18-19% and an excellent quality rating (71).

Scott Black pick. Market capitalization is $3.12 billion. In the fiscal year that ended last september they did $6.55 billion in gross revenue. Based on a record backlog of $14.7 billion, up 55% from last year, gross revenue could be $8.4 billion this year. After pass-through costs to subcontractors for time and material, in many cases, net revenue will be $5.124 billion. With operating income of $425 million and a 30% tax rate, you get net income of $298 million. Subcontract out noncontrolling interests in other entities, and net is $2.45 a share. The stock sells for 10.9 times estimated earnings. Jacobs engineering sells for 19 times this years earnings. Fluor is 20 times.

(there is some gov exposure)- Private funding accounts for 33% of the backlog. Federal contracts are 34%, and state and local are 12%. Aecom also has contracts with other governments.

The company has a net debt-to-equity ratio of only 0.15.

Surging earnings and revenue growth quarter over quarter. Taken down with other engineering, construction, and design companies, however, most of their business outside the US and in the expanding regions of the world.

I don't see growth in this sector for awhile

Good company; Growing everyday.

INFASTRUCTURE PLAY

Watch for the bump from increased infrastructure spending over the next 5+ years

Only real engineering company focused on infrastructure. Represents a larger percentage of business than any other out there. Barely any oil and gas exposure

Obama infrastructure play

This is my first pick.

this companies knowledge is needed more now than ever.

This is a company with infrastructure and it seems that president elect will be spending there is the future

Obama, Pelosi and Reid will likely emphasize infrastructure in new stimilus pkg