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strong fundamentals & growth

Tags: MDR
6 Dec 12:33am

McDermott International

MDR (NYSE)

Forecast has expired Ended: Thursday June 7, 2007

Target

$62.00 and above

$9.60 (18.3%)

Time Span:3-6mths

Final

$19.34

-$33.06 (63.1%)

Recommendation

Rating:Strong Buy

Risk:Moderate

Stop Loss Price:Unspecified

Final XP: 3337

Target not reached

Analysis

I've been watching this one for months. This is a well diversified company. The order backlogs have doubled over 2005 and earnings have consistently been well above estimates. I believe this will continue as the execs seem to have a good plan for future growth and diversification. This is a company that holds some very valuable patents. Jump on this ship and you won't be sorry.

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mikebz5