I am employed by Tetra Tech and work in the company's government contracting business unit. Our part of the company brings in a large percentage of the company's overall revenue and even though there is a recession the amount of work has increased. Even though the country was in a recession last year, Tetra Tech had its best fiscal year ever. <o:p> </o:p>
Our part of the company keeps revenue's stable while other business units allow the company to grow. Tetra Tech has its hands in building infrastructure for solar and wind energy projects as well as basic infrastructure projects. The company is in great position to take advantage of stimulus money for basic infrastructure as well as money from the government to promote alternative energy projects. <o:p> </o:p>
Last year our CEO made it clear that the company would like to double in size, which it has shown its commitment to with recent acquisitions and the aggressive pursuit of government and commercial projects. If the company continues to average a P/E of 20 the stock could easily reach 40.00 in the next few years. <o:p> </o:p>
$21.56 (04/21/09)
