The Shaw Group, Inc. (NYSE:SHAW)

This is really a short on the US media. The hype over the weekend and today reached John-the-Baptist proportions, as the media, led by CNN, found its latest proof that we are teteering on the edge of extinction. Our media loves disasters, and - I hope this is not news to anyone reading this - they use them to make lots of money. The earthquake in Japan was an awful natural disaster, and my heartfelt sympathies go out to all of those who have been affected by it. But folks, this does not hail the end of the Nuclear Energy industry any more than it portends the end of people choosing to live near the oceans. Today's sillyness makes for a good entry point for what I believe will be a quick recovery, or a good long term holding - much like BP when it got whacked last fall. I only wish I were a day trader and had picked it up when it was down 20% this morning...alot of investors have already taken advantage of this sell-off.

In real news (you have to actually search for this stuff because it won't make headlines):
“At this time, we do not believe there will be an impact on Shaw’s nuclear projects currently under construction in the United States and China,” CEO J.M. Bernhard Jr. said in a statement. “Our customers have indicated they intend to move forward.”

In the quarter ended Nov. 30, Shaw reported a third of its $1.5 billion in sales came from the power unit, which includes its nuclear business. The shares had gained 12 percent this year before today.

The company said in November it was named as contractor to develop a 2,700-megawatt nuclear power project in Texas, and is the construction contractor on Southern Co. (SO)’s Vogtle Units 3 and 4 in Georgia, which may be the first to get a Nuclear Regulatory Commission construction permit since 1979.

Shaw also has a 20 percent stake in Westinghouse Electric Co., a nuclear-power technology provider controlled by Tokyo- based Toshiba Corp.

Aug. 2, 2010 Time highlights this. Tons of cash: $19/share. Builds nuclear power plants in Saudi Arabia.

New electrical plants will still need to be built to supplement all the green technology.

The world need a reliable source of power, Shaw can provide it, both in new installs, and retrofits to existing nuclear plants. Shaw is not focused on the USA, rather it is operating around the world, including China.

Major global power plant builder: Nuclear, Natural Gas, Oil Coal, etc... Retrofits to existing coal plants to reduce pollutants.

expensive but growth!!

Insiders seem to think so.

This company is a player in large infrastructure projects, which are burgeoning right now due to economic stimulus world wide. In particular they have a stake in the nuclear industry which is likely to enter a period of growth as part of the effort to reduce carbon dioxide emissions.

Once the economy actually does improve, electrical power will be needed even more so than it is now. The nukes will be built and the success of the modularized nukes will demonstrate the lessons learned from the 70-80s fiascoes.

My daughter works for them so they know how to pick good people.

mfi pick 2

Low relative PE, good star ranking, PEG & 09 PE still below normal - bottom fishing 7/6 picks.

a huge backlog and more to come.

Energy, infrastructure, and environment. Can you think of three more important issues in the minds of government and societies across the globe?

Longterm play on China growth, I look for this stock to bump alongside what I expect will be an increase in China's stimulus package.

This Company runs a lean machine they will be the leader in Nuclear and coal power world wide.Future prospects are excellent for the next 5-6 years.
The time to buy is today at 29.89 March 26 2009.
Good long term investment Nuclear plants take 5-6 years to build.
Coal takes 2 years approx if fast tracked but some project take as long as nuclear if they dont copy the Hatachi method of build.
Shaw group is hiring approx 20-40 people a week.
All engineers and management big margins.
This companys stock will take off on or before April 8 confrence call, Do your own due diligence and research the fundementals to verify.
Price strength is 90 plus

Infrastructure

Nuclear power will see a resurgence, even with Obama, and Shaw is a big nuclear player.

It's Feb. 13th and the SPX symmetrical triangle is going to force a market direction, likliest direction is down. SGR has done too good, too quickly, very recently. That simple.