Construction Industry Sector: Oversold, but Worth Watching, Maybe Even Shorting - trackseekingalpha

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Construction Industry Sector: Oversold, but Worth Watching, Maybe Even Shorting
Jul 12, 2009 06:50 AM UTC

trackseekingalpha

Return	Risk
-11.17%	HIGH

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
FLR	n/a
JEC	n/a
SGR	n/a

Via Short Stock Ideas from Seeking Alpha:

Shaw Group Inc (SGR) reported earnings that put a damper on the entire heavy construction industry group (click on chart to enlarge). While it’s a little oversold at the moment, this is a sector to watch for a weak bounce and then get short, provided the markets in general remain weak. Others worth watching in this sector are Fluor (FLR) KBR and Jacobs Engineering (JEC).

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