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Compiling comments that experts make about stocks while on public TV.

2017-05-19

Opinion for Chicago Bridge & Iron Co. (CBI-N)

Signal Price Bias Subject Owned
BUY $20.800 BULLISH US EQUITIES Yes

This got crushed this week. They had a poor earnings call, but the following sell-off each day was probably sentiment of Trump’s infrastructure package getting delayed, or taken off the table entirely. Their backlog is still pretty good and valuation is about 4.5X earnings. He likes this is a purchase at this time.

John Petrides
Managing Dir. & Portfolio Manager, Point View Wealth Management

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