CIM MBA Program

Monday, January 26, 2009

Time To Buy Construction Stocks?

Forbes.com's Intelligent Investing Panel recently feature construction and engineering stocks. The article focuses on construction services firms such as Jacobs Engineering, Fluor Corporation, the Shaw Group, URS and AECOM Technology. In the article, author David Serchuk acknowledges these stocks have been battered over the last year, but says these construction sector stocks are up over the last five years. While Serchuck like the long term prospects, he urges caution for the short-term.