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NYSE:FLR
This summary was created by AI, based on 3 opinions in the last 12 months.
Fluor Corp. (FLR) has been a notable focus for investors according to the reviews from Stockchase Research Editor, Michael O'Reilly. The stock has shown significant upward movement, with past picks reflecting gains of up to 59.2%, showcasing its strong performance over recent months. Experts recommend a disciplined approach to trading, suggesting that investors adjust stop-loss levels to protect gains. This indicates a proactive stance on the part of the analysts to capitalize on FLR's positive trajectory while minimizing potential losses. Overall, the sentiment surrounding Fluor Corp remains optimistic, with strong recommendations for both covering positions and adapting stop levels judiciously.
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.