Infrastructure
AmTech's Favorite Defense & Infrastructure Fundamental Picks (FLR, LMT)
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There is an interesting report from research team over at American Technology Research called "Our Best Dozen Fundamental Picks" as earnings season is upon us. The research firm noted that investors already expect a disaster in the earnings reports and the current business climate isn’t as bad as what investors are expecting. While the firm believes that many companies will guide expectations lower or will be very cautious, this is their list of companies it expects to outperform peers. We have included some very brief commentary from AmTech in its calls, and the two of their picks from large cap traditional companies are Fluor Corporation (NYSE: FLR) and Lockheed Martin Corporation (NYSE: LMT).
Fluor Corporation (NYSE: FLR) has been hit hard of late, but the firmnoted "Record Backlog Provides Cushion and LT Visibility for E&CLeader"
Lockheed Martin Corporation (NYSE: LMT) has "Yearsof Growth Ahead on JSF and Recapitalization of Military Assets"
These comments are out of American Technology Research and are onlypartial quotes from in-depth research reports which we have chosen tobreak out individually by industries. You can also see AmTech’s calls in TECHNOLOGY and in ALTERNATIVE ENERGY.
Jon C. Ogg
October 13, 2008
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