Tuesday, October 07, 2008

KBR Looks Like a Good Prospect

Bottom fishing for value stocks has yielded an interesting prospect, KBR Inc. (KBR).

KBR, Inc. operates as an engineering, construction, and services company supporting energy, petrochemicals, government services, and civil infrastructure sectors worldwide.

Positive factors include:
  • Volume at approximately 3.6 million average shares/day
  • P/E is at 9.29
  • Current price at 66.2% below the 52 week high
  • Steady earnings increase since '06
  • Trading today at 15.28

We could be seeing a bottom in the price of this stock

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