Fluor (FLR) to Construct Big Profits - Cramer
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Fluor (NYSE: FLR) is posed to make an upturn, Jim Cramer and Associate said yesterday. Cramers colleague, L.A. Little said that the industrial goods company swung higher in March and is pulling back since August.
In other news, I recently looked at Fluor's Yahoo! Finance chart, and have to agree with Little.
Cramer commented that Fluor is well-positioned because about 50% of their operations take place outside the U.S., and translate into better earnings given the recent weakness of the dollar.
Jim believes that the company has several big projects scheduled in China, and that the downside for this stock has already been priced-in by the Street.
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