Foster Wheeler AG
) was a big mover last session, as the company saw its shares rise
by over 6% on the day. The move came on solid volume too with far
more shares changing hands than in a normal session. This stock,
trading at a volatile range of $26.60-$30.65 in the past one-month
time frame, showed a pick-up on Wednesday at $30.49.
Foster Wheeler, which operates in engineering and construction, and
power generating equipment business, has seen 5 positive revisions
in the past one month. Also, the Zacks Consensus Estimate moved
higher over the same time frame, suggesting that more solid trading
could be ahead for Foster Wheeler. So make sure to keep an eye on
this stock going forward to see if Wednesday's gain can turn into
more strength down the road.
Foster Wheeler currently has a Zacks Rank #3 (Hold) while its
Investors interested in the broader construction industry may
consider stocks such as
Winnebago Industries, Inc.
CaesarStone Sdot-Yam Ltd.
). All these stocks carry a Zacks Rank #1 (Strong Buy).
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CAESAR STONE SD (CSTE): Free Stock Analysis
FOSTER WHELR AG (FWLT): Free Stock Analysis
VSE CORP (VSEC): Free Stock Analysis Report
WINNEBAGO (WGO): Free Stock Analysis Report
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