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Saturday, February 19, 2011

Is Now a Good Time to Consider URS Corp?

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If in December, as outlined, you scooped-up shares of professional engineering/construction services provider URS Corporation (URS), first discussed on June 5, 2009 at a price of $51.56, you made the correct move. The stock is finally starting to get some respect from institutional investors (IIs).



URS's stock has progressed nicely this winter, rising about 15% in three months and the the stock should trade above $50 in 2011, according to my analysis.



Look for URS to post a decent 5-9% revenue increase in 2011, followed by a comparable increase in 2012. Long-term, both federal government-related and private sector (industrial and commercial) work should gradually attract more IIs back to the stock in 2011.

Continue reading Is Now a Good Time to Consider URS Corp?

Is Now a Good Time to Consider URS Corp? originally appeared on BloggingStocks on Fri, 18 Feb 2011 16:40:00 EST. Please see our terms for use of feeds.

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