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Enter Symbol:
 
Fluor Corporation (FLR) [hlAlert]

Rating:
Buy FLR
up 20.71 %

Fluor Corporation (FLR) rated Buy with price target $61 by Morgan Joseph

Posted on: Thursday,  Nov 6, 2008  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Fluor Corporation (NYSE: FLR) on 11/06/2008, when the stock price was $37.37. Since
then, Fluor Corporation has gained 20.71% as of 01/25/2016's recent price of $45.11.
If you would have followed this Morgan Joseph's recommendation on FLR, you would have gained 20.71% of your investment in 2636 days.

Fluor Corporation (Fluor) is a holding company that, through its subsidiaries, provides engineering, procurement and construction management (EPCM) and project management services. Fluor serves a number of industries worldwide, including oil and gas, chemical and petrochemicals, transportation, mining and metals, power, life sciences and manufacturing. Fluor is also a primary service provider to the United States Federal Government. It performs operations and maintenance activities for major industrial clients, and also operates and maintains their equipment fleet. The Company is aligned into five principal operating segments: Oil and Gas, Industrial and Infrastructure, Government, Global Services and Power. Fluor Constructors International, Inc., which is organized and operates separately from its business segments, provides unionized management, construction and management services in the United States and Canada, both independently and as a subcontractor on projects to its segments.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2008 8:25 AM Buy
None
37.37 61.00
as of 12/24/2008
1 Week down  -0.53 %
1 Month up  11.00 %
3 Months down  -2.68 %
1 YTD up  16.88 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2008 8:25 AM Buy
None
78.48 97.00
8/8/2008 12:25 PM Buy
None
75.99 94.00
9/27/2007 9:25 AM Hold
None
72.26
8/8/2007 9:25 AM Buy
None
59.80 65.00

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