SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ditchdigger who wrote (31109)4/13/2019 5:59:46 PM
From: Spekulatius1 Recommendation

Recommended By
Thehammer

  Read Replies (2) of 34328
 
NP - I have watched these construction companies for years and many have not done well- CBI had to be bought out, MRD is just surviving with KBR and FLR doing a bit better, but not great. FLR is probably the best of the bunch, but even they can only prosper if energy is booming (they make most of their money on energy, LNG and petrochemical projects). They work on infrastructure too, but the margins are slim there.

Personally, I really like WFC here. They yield almost 4% and they should be able to buy back at least 6% of their shares (they bought back ~7.5% of outstanding shares last year while also increasing book value/share. If they can do this again and again, a lot of value should accrue to shareholders.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext