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Enter Symbol:
 
Granite Construction Incorporated (GVA) [hlAlert]

Rating:
Buy GVA
down 18.65 %

Schaeffer’s Investment Research picks Granite Construction (GVA) for 2009

Posted on: Saturday,  Feb 14, 2009  2:27 AM ET by The Stock Advisors Top Stocks For 2009

The Stock Advisors Top Stocks For 2009 rated Buy Granite Construction Incorporated (NYSE: GVA) on 01/08/2009, when the stock price was
$41.75. Since then, Granite Construction Incorporated has lost 18.66% as of 12/11/2015's recent price of $33.96.
If you would have followed this The Stock Advisors Top Stocks For 2009's recommendation on GVA, you would have lost 18.65% of your investment in 2528 days.

Granite Construction Inc. (Granite) is a heavy civil contractor and a construction materials producer. The Company is engaged in the construction of highways, dams, airport infrastructure, mass transit facilities, real estate site development and other infrastructure related projects. The Company operates nationwide, serving both public and private sector clients. Within the public sector, it primarily focuses on infrastructure projects, including the construction of roads, highways, bridges, dams, canals, mass transit facilities and airport infrastructure. Within the private sector, it performs site preparation and infrastructure services for residential development, commercial and industrial buildings, plants and other facilities. It owns and leases substantial aggregate reserves and own a number of construction materials processing plants. The Company also have a contractor-owned heavy construction equipment fleets in the United States.

Every year since 1983, thestockadvisors has polled the nation’s leading financial newsletter advisors asking them to select their favorite stocks for the coming year. In this year’s special report, 75 “best of breed” advisors have joined to provide you with the ultimate shopping list of trading and investing ideas for 2009. The stocks that are featured range from conservative, high quality blue chips to exciting home run speculations, for those willing to incur high risk in exchange for the potential to maximize upside gains. Importantly, readers should be certain that any stocks you consider meet your own investment strategy, time horizen and risk tolerance. As such, investors should view the 75 stocks in this report as a only as a starting place; do you own research, and continue to monitor any stocks that you may buy. Advisors are making their selections based on their current analysis of a company within the current market environment. But fundamentals change, and a stock that is now a favorite buy can quickly become a sell, based on future events.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2009 12:00 AM Buy
None
41.75
as of 12/31/2009
1 Week down  -24.44 %
1 Month down  -13.58 %
3 Months down  -16.28 %
1 YTD down  -37.96 %

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