A study of analyst recommendations at the major brokerages shows that Fluor Corp. (Symbol: FLR) is the #83 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
According to the ETF Finder at ETF Channel, FLR makes up 2.76% of the Guggenheim S&P 500 Equal Weight Industrials ETF ( RGI ) which is trading lower by about 0.4% on the day Friday.
FLR operates in the Construction sector, among companies like Caterpillar Inc. ( CAT ) which is up about 1.1% today, and United Rentals, Inc. ( URI ) trading up by about 0.5%. Below is a three month price history chart comparing the stock performance of FLR, versus CAT and URI.
FLR is currently trading down about 0.9% midday Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.