FLR - Bargain Hunting? Here's One of the Top Stocks to Buy in 2024
2024-01-04 07:45:00 ET
By almost all accounts, the year ahead should be only so-so for engineering and construction outfit Fluor (NYSE: FLR) . Budgets remain strained thanks to inflation, and global economic growth rates are projected to fall. Corporations, consumers, and governments alike are all still hunkering down.
Yet, Fluor stock is arguably a solid buy right now -- despite the environment -- for a couple of overlooked reasons.
Fluor probably didn't build the dwelling you live in. Its business is the construction of infrastructure and industrial projects. Its customers are manufacturers, power companies, refiners, and all kinds of government entities.
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Bargain Hunting? Here's One of the Top Stocks to Buy in 2024