URS Corp. (URS): Forbes quant eyes infrastructure stimulus

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"URS Corp. (NYSE: URS) provides engineering, construction, and technical services to a wide range of markets," says quantiative analyst Vahan Janjigian.

In The Forbes Growth Investor, he adds, "There is increased speculation that the federal government will enact a stimulus package containing substantial spending on infrastructure; as a leader in federally-funded projects, URS could benefit significantly."

"The U.S. was responsible for 91% of first half 2008 revenues with the remainder derived from various global markets. URS operates three divisions. The Washington division was responsible for 41.2% of first half sales.

"Acquired last November, its primary markets are energy and power. The URS division,which generated 35.4% of first half sales, serves the commercial, industrial, environmental, facilities, homeland security, transportation, water/waste water, and specialty markets.

"Customers include federal, state and local governments, and private enterprises, such as nuclear energy and mining companies, chemical and drug makers, and oil and gas firms.

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URS Corp. (URS): Forbes quant eyes infrastructure stimulus originally appeared on BloggingStocks on Fri, 19 Dec 2008 10:40:00 EST. Please see our terms for use of feeds.

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