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Foster Wheeler Ltd. (FWLT) [hlAlert]

Rating:
Buy FWLT
down 24.50 %

Foster Wheeler Ltd. (FWLT) rated Buy with price target $42 by AmTech Research

Posted on: Tuesday,  Oct 7, 2008  9:25 AM ET by AmTech Research

AmTech Research rated Buy Foster Wheeler Ltd. (NASDAQ: FWLT) on 10/07/2008, when the stock price was $30.16. Since then, Foster Wheeler
Ltd. has lost 24.50% of its value until AmTech Research rated FWLT Neutral on 12/23/2008, when the price was $22.77.
If you would have followed this AmTech Research's recommendation on FWLT, you would have lost 24.5% of your investment in 77 days.

Foster Wheeler AG, formerly Foster Wheeler Limited, operates through two business groups: Global Engineering and Construction Group (Global E&C Group) and Global Power Group. The Global E&C Group, which operates worldwide, designs, engineers and constructs onshore and offshore upstream oil and gas processing facilities, natural gas liquefaction facilities and receiving terminals, gas-to-liquids facilities, oil refining, chemical and petrochemical, pharmaceutical and biotechnology facilities and related infrastructure, including power generation and distribution facilities, and gasification facilities. The Global Power Group designs, manufactures and erects steam generating and auxiliary equipment for electric power generating stations and industrial facilities worldwide.

Our focus is to generate profitable ideas through pure fundamental research. Our performance will be measured on the success of our recommendations at making money and saving money for our clients. Our objective is to be helpful during the investment process.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2009 9:25 AM Buy
None
14.42
as of 12/24/2008
1 Week up  23.84 %
1 Month up  42.24 %
3 Months down  -5.20 %
1 YTD up  19.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2008 9:25 AM Hold
None
22.77 25.00
10/7/2008 9:25 AM Buy
None
30.16 42.00

(*) Stock Price at the time of the recommendation.
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