Foster Wheeler Ltd. (NASDAQ:FWLT)
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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Related to gas which is hot.
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Cramer pick - Green play.
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Are you guys on crack???
PEG Ratio (5 yr expected): 1.75
Price/Sales (ttm): 2.09
Price/Book (mrq): 42.99
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Foster Wheeler
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This one has come up a long way and if you believed in what they do in the first place, you'd just keep it. It;s fashionable to be green.
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Should make a comeback after benign inflation reports come out and relieve interest rate worries.
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Strong mid-east infrastructure pick. Huge price run-up but growth and backlog likely justify optimism. Big institutional favorite.
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Great turn around story. Infrastructure builder for energy sector
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it has great spects on the co.
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Missed the opportunity to rate on the caps at 74..
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A great build out of infrastructure play.
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With higher carbon pricing its power devision will do well. its refining business is also in a great space.
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Best of Breed
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Time for green advances.
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A solid play on power plants upgrading to be more green and Cramer rec.
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CRAMER PICK 3/14
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I think the global construction and engineering firms are poised to do well for the next few years.
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Just look at the contracts its getting.
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