Tutor Perini (TPC-N)

They've been slumping, but they will do well with good contracts, and do well with federal money.

It's traded off recently, which is a mystery to him. They're in construction of large projects, like airports. They trade at half-book, a low multiple. Stay with it and be patient. It'll return to the $20's soon.

(A Top Pick Nov 30/16. Down 7%.) In engineering and building business. A very large construction company that does airports, highways and major government building projects. Feels they are a victim of the infrastructure promise that really hasn’t materialized. Just reported, and it wasn’t a very good report. They have $7.5 billion of projects on the books. This is still a Hold.

(A Top Pick Nov 27/15. Up 41.23%.) A good infrastructure play. This is a commercial and civil builder. They do bridges, roads, airports.

This has a $6.7 billion backlog, which represents about 1.5 years of revenue, and it is only going to increase because all of these infrastructure programs are going to be out for tender and they have already geared up. They are one of the main players in this arena. (Analysts’ price target is $29.)

Commercial infrastructure company. A back log of twice their annual revenues. They have contracts on the book and will work through them. Infrastructure is important in the US.

He is still positive on this, and it has done relatively well of late. Just reported, and earnings were a little bit soft, but it has had a very, very positive move since the early part of the year. The US’s infrastructure is wanting, whether it is roads and bridges, airports, etc. that they just haven’t poured the money in to refurbish and repair. This is one of the largest commercial construction companies, and should do well.

A big builder of projects and a general contractor. They do a lot of civil projects and domestic infrastructure build, so the government is a big customer. Almost 2 years of revenue backlog of $8 billion. A very well priced stock. Thinks they will earn over $2 a share in 2016.