
NYSE:FLR
This summary was created by AI, based on 3 opinions in the last 12 months.
Fluor Corp. (FLR) has received positive reviews from Stockchase Research Editor Michael O'Reilly, demonstrating strong performance since its recommendation as a top pick. The stock has experienced substantial increases, with noted gains of 37.4%, 59.2%, and 47.4% across different assessments, indicating a favorable trend. To maintain a disciplined approach to investment, the editor has suggested adjusting stop-loss levels as the stock continues to progress, reflecting confidence in the company's outlook. The strategic adjustments to the stop levels show a proactive management of the position, aiming to maximize gains while minimizing potential losses. Overall, the reviews suggest that FLR is well-positioned with a strong trajectory, making it a compelling consideration for investors.
Global engineering construction firm. They have gotten really good order momentum in the oil/gas sector and petrochemical sector. Very well diversified geographically. We are seeing petrochemical plants being built in the US, and they are getting a lot of these contracts. Their backlog is over $40 billion so there is good earnings visibility. Yield of 1.12%.
A global engineering construction firm. Seeing very good momentum in their oil/gas sector. In the 1st and last quarter, they recorded record awards of over $10 billion of which $8 billion was in oil and gas. Ended the quarter with a very strong backlog of $40 billion. Their run rate of revenues is around 25. 65% of their backlog is outside of the US so it is very global. Seeing a lot of projects in the Far East and are also involved in a lot of LNG projects. Yield of 1.12%.
World wide engineering company, probably the biggest in the world. He would take money out of Fluor and put it into SNC-Lavalin Group. He feels that all the negative press SNC has been having is actually old news, and it's pushing the stock down past where it should be. Has a lot of confidence in the new management.
Likes this very much. He sees this going forward although there may be a bit of a pullback. Would look for a 5% pull back.