Bet On This Earnings Superstar
by Jon Lewis 08/05/09Fluor Corp. (FLR), the engineering and construction giant, is a stock that should make a great bullish earnings trade.
The company is scheduled to report after the close on Monday, Aug. 10.
The shares have jumped more than 10% on average in just one day following the past three earnings reports.
More Trader Alerts
Don't sit on the sidelines this earnings season. Get 12 Keys to Trading Earnings for Profits.
Maybe that's because the company has beaten the consensus earnings forecast by an average of 15% each time.
Maybe it's also because Fluor derives a hefty chunk of revenue from major government contracts. And we all know how the government loves to spend money.
Whatever the reason, the company sits in a prime spot while the economy struggles.
More By This Expert
Put Your Money Where Your Mouth Is
Despite the economic slowdown, consumers continue to purchase peanut butter, jelly and all other J.M. Smucker (SJM) products, and the stock may see a big move after earnings next week.
Dell May Take the Street by Surprise … Again
Dell (DELL) has some good things going for it heading into earnings that could make it a great candidate for a pre-earnings call play.
'CAT' About to be Let Out of the Bag
Heading into earnings, the indicators point to Caterpillar (CAT) breaking above its September high. So look at a bullish trade before the company reports.
Will HAL Bust Through the September Highs?
Skepticism in Halliburton (HAL) may be on the verge of unwinding into buying pressure, which could be what the stock needs to break out to new highs.
Breakout in INFY Almost a Sure Thing
Infosys Technologies (INFY) reports earnings next week, and that could very well be the key to a breakout in the stock.
MOST POPULAR
- What's Hot: DELL, DHI November 20, 2009
- Sidewinder: MCD, DKS, JPM November 20, 2009
- Options News: SII November 20, 2009
- Sidewinder: CY, ADSK, KG November 19, 2009
- Options for Dummies November 19, 2009




