SOURCE: StockCall

StockCall

January 12, 2011 08:21 ET

Opinions on McDermott International Inc. and Fluor Corporation - Heavy Construction Sector Primed to Benefit From Increased Spending

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 12, 2011) -  www.stockcall.com/ offers investors comprehensive research on the heavy construction industry and has completed analytical research on McDermott International Inc. (NYSE: MDR) and Fluor Corporation (NYSE: FLR). Register with us today at www.stockcall.com/ to have free access to these researches. 

The Heavy Construction Sector which includes companies like McDermott International Inc. and Fluor Corporation is slated to see a large uptick in activity now that the economic recovery is assuaging hesitant-spending from its primary customers. After two years of caution with their pocketbooks, it is believed the sector's main customers, Oil & Gas, Infrastructure, Mining etc. will loosen up their pocketbooks and get back to normal activity levels in order to benefit from the broad scale economic growth taking place. Investors looking for free research on McDermott International Inc. and Fluor Corporation are welcome to sign up at www.stockcall.com/MDR120111.pdf or www.stockcall.com/FLR120111.pdf.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the heavy construction industry can have easy and free access to our analyst research and opinions on McDermott International Inc. and Fluor Corporation; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.

The oil industry alone is expected to spend around half-a-trillion dollars on development now that oil prices are ascending toward $100 a barrel. Construction is slated to begin off-shore in the Gulf of Mexico once again, benefiting those companies within the sector that build oil-rigs. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the heavy construction industry.

The growth in heavy construction activity will likely pressure engineering capacity and give companies more leverage when negotiating contracts. One area that is not expected to return to previously anticipated levels of building is the North American nuclear power plant market. Low prices on natural gas and power in general, along with delays receiving loan guarantees are making the projects less attractive. There is still a good deal of global interest, however, and the shift to nuclear power will be hard to avoid in the long-run. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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