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For Shaw Group, the developing world is a lucrative world |
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| May 14, 2008 05:15 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Stocks to Buy Readers of this space know that in addition to oil / oil services, one of my preferred sectors is: infrastructure / public services. That's because despite the U.S. economic slowdown, global growth proceeds at a better-than-adequate pace, with infrastructure work playing a significant role. And with the aforementioned in mind, The Shaw Group is worth an evaluation.The Shaw Group (NYSE: SGR) is a leading supplier of industrial piping systems, including engineering, pipe erection and construction / maintenance services. Analysts really like the fact that Shaw Group has also positioned itself as one of the largest engineering and construction contractors for the power generation market and as a top environmental services company. Another positive: SGR's large geographic footprint. Analysts see 7-11% revenue growth for F2008, and 9-12% for F2009, with adequate margins. The Reuters F2008/F2009 EPS consensus estimates for SGR are $2.30/$3.32. Continue reading For Shaw Group, the developing world is a lucrative world Permalink | Email this | Comments<map name="google_ad_map_145-1195679"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1195679?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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