Foster Wheeler Corp. (FWLT)
Financials 
Technical Analysis 0
COMMENT
Interesting stock. Big engineering firm that fell after 2008 and didn't recover because their project costs were too high. Were bidding too low and not earning any margins. Have been paying off debt and recently got their credit rating upgraded. Starting to increase their cash to the degree that gives them a little more firepower to make acquisitions or get more bids in with better margins.
contractors
TOP PICK
Global engineering, construction and power equipment. Very exposed to energy, particularly in building refineries and petrochemical complexes. Builds the largest clean coal plants globally because of their technology. Had a lot of trouble when they acquired a lot of companies and created a lot of debt 6 - 7 years ago. Contracts are now starting to flow again.
contractors
DON'T BUY
In the infrastructure space and heavily tied to energy. If energy continued to rally, this would probably participate. The real question is reduced growth outlook in emerging markets and growth markets. Thinks there will be more money in infrastructure but currently there is negative psychology around this area.
contractors
BUY
A wonderful company. Global infrastructure is a theme that he would like to be an investor in. There will be billions of dollars spent in the coming years. Just beat their most recent quarter by 20%. Have long-term contracts. Be aware that because credit spreads have widened out it is getting tougher to finance big infrastructure projects.
contractors
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Foster Wheeler Corp. (FWLT) Frequently Asked Questions
What is Foster Wheeler Corp. stock symbol?
Foster Wheeler Corp. is a OTC stock, trading under the symbol FWLT (previously FWLT-Q on Stockchase) on the (). It is usually referred to as or FWLT
Is Foster Wheeler Corp. a buy or a sell?
In the last year, there was no coverage of Foster Wheeler Corp. published on Stockchase.
Is Foster Wheeler Corp. a good investment or a top pick?
Foster Wheeler Corp. was recommended as a Top Pick by David Burrows on 2008-02-15. Read the latest stock experts ratings for Foster Wheeler Corp..
Why is Foster Wheeler Corp. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Foster Wheeler Corp. worth watching?
In the last year 0 stock analysts on Stockchase covered Foster Wheeler Corp.. The stock is worth watching.
