FLR - Fluor: This Could Be A Great Time To Cash In
2024-06-26 22:14:23 ET
Summary
- FLR shares have had a big run, but downside risks loom, including potential recession.
- Fluor Corporation is a major engineering and construction company with a strong balance sheet.
- Recent financial results missed expectations, and economic indicators suggest a potential downturn.
Fluor Corporation ( FLR ) is known for constructing many major and complex facilities which include everything from nuclear power plants, to open pit copper mines, bridges, highways, airports and more. This company has the scale and expertise that is required in order to build these major projects. This is one of the largest engineering and construction companies in the world, and it also offers a number of other services, including construction management. I think it's a great company, but valuation matters and so does the economic cycle. Let's take a closer look:
Fluor: This Could Be A Great Time To Cash In