Top 10 Construction Stocks To Watch Right Now

The financial media would have you believe that hedge fund investors will soon pull their money from these overpriced vehicles that have underperformed the S&P 500 index in recent years.

Yet in February, hedge funds enjoyed their strongest monthly inflows since before the 2008 financial crisis, the majority coming from sophisticated institutional investors.

In a recent paper, Donald Steinbrugge, founder and managing partner of Agecroft Partners, a hedge fund consulting and marketing firm, analyzed the disconnect between media reports and investors’ attitude and behavior.

Steinbrugge wrote that institutional investors don’t use the S&P 500 as a benchmark for the performance of their diversified multistrategy hedge funds because hedge funds are not an investment asset class. “They are a legal structure that represents a highly divergent group of strategies, many of which have little to no equity exposure.”

Comparing a hedge fund portfolio consisting of CTAs, global macro, structured credit, market-neutral equity, distressed debt, event driven investing, volatility strategies and long/short credit managers with the S&P 500 makes as little sense as comparing an average mutual fund with the index, he said.

Top 10 Construction Stocks To Watch Right Now: Grana y Montero SAA (GRAM)

Grana y Montero SAA is a Peru-based holding company primarily engaged in the four business areas: Construction and Engineering Industry, Real Estate, Oil Services, and Operation of Public Concessions and Business Support Services. Through its subsidiaries, the Company provides such services as the development and management of real estate properties and leisure facilities; the exploration, production and sale of oil, natural gas and its derivates; the storage and distribution of combustibles; information technology services; engineering consultancy; the operation and maintenance of rails and roads concessions; as well as the execution and management of projects related to the generation of electric power; among others. The Company owns such subsidiaries as GMD SA, Concar SA, Survial SA, Norvial SA and Promotores Asociados de Inmobiliarios SA, among others. Advisors’ Opinion:

  • [By alicet236]

    Grana y Montero SAA (GRAM) Reached the Five-Year Low of $20.90

    The prices of Grana y Montero SAA (GRAM) shares have declined to close to the five-year low of $20.90, which is 17.3% off the five-year high of $22.14. Grana y Montero SAA is owned by four Gurus we are tracking. Among them, four have added to their positions during the past quarter. Zero reduced their positions. Grana y Montero SAA was established in Peru on August 12, 1996 as a result of the equity spin-off of Inversiones GyM S. Grana Y Montero Saa has a market cap of $2.75 billion; its shares were traded at around $20.90 with a P/E ratio of 24.60 and P/S ratio of 1.24.

Top 10 Construction Stocks To Watch Right Now: Eagle Materials Inc (EXP)

Eagle Materials Inc., incorporated on January 27, 1994, manufactures and distributes gypsum wallboard and also manufactures and sells cement. Gypsum wallboard is distributed throughout the United States with particular emphasis in the geographic markets nearest to its production facilities. The Company sells cement in six regional markets, including northern Nevada and California, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. Its gypsum wallboard business is supported by its recycled paperboard business, while its cement business is supported by its concrete and aggregates business. The Company operates in Cement and Concrete and Aggregates, and Gypsum Wallboard and Recycled Paperboard segments. As of March 31, 2013, the Company operated six cement plants (one of which belongs to its joint venture company), five gypsum wallboard plants, one recycled paperboard plant, seventeen concrete batching plants and four aggregates faciliti es. The Company’s products are used in the construction and renovation of houses, roads, bridges, commercial and industrial buildings and other, newer generation structures like wind farms.

Cement, Concrete and Aggregates Operations

The Company’s cement production facilities are located in or near Buda, Texas; LaSalle, Illinois; Laramie, Wyoming; Sugar Creek, Missouri; Tulsa, Oklahoma and Fernley, Nevada. The Company’s cement subsidiaries are wholly-owned except the Buda, Texas plant, which is owned by Texas Lehigh Cement Company LP, a limited partnership joint venture owned 50% by the Company and 50% by Lehigh Cement Company LLC, a subsidiary of Heidelberg Cement AG. Its LaSalle, Illinois plant operates under the name of Illinois Cement Company; the Laramie, Wyoming plant operates under the name of Mountain Cement Company; the Fernley, Nevada plant operates under the name of Nevada Cement Company and its Sugar Creek, Missouri and Tulsa, Okla homa plants operate under the name Central Plains Cement Com! pany. The Company produces and distributes ready-mix concrete from Company-owned sites north of Sacramento, California; Austin, Texas and the greater Kansas City area. The Company’s activities in its frac sand business are in the Utica, Illinois area and in south Texas. The Company sells aggregates to building contractors and other customers engaged in a variety of construction activities.

Gypsum Wallboard and Recycled Paperboard Operations

The Company owns five gypsum wallboard manufacturing facilities. As of March 31, 2013, the Company’s gypsum wallboard production totaled 1,950 million square feet. Total gypsum wallboard sales were 1,909 million square feet during the fiscal year ended March 31, 2013 (fiscal 2013). The Company also manufactures alternative products, including containerboard grades (such as linerboard and medium) and lightweight packaging grades (such as bag liner). In addition, recycled industrial paperboard grades (tube/cor e stock and protective angle board stock) are produced to maximize manufacturing efficiencies. The Company’s manufactured recycled paperboard products are sold to gypsum wallboard manufacturers and other industrial users.

The Company competes with USG Corporation, National Gypsum Company and Koch Industries.

Advisors’ Opinion:

  • [By Jake L’Ecuyer]

    Top decliners in the sector included Newmont Mining (NYSE: NEM), off 6.3 percent, and Eagle Materials (NYSE: EXP), down 4.3 percent.

    Top Headline
    Forest Laboratories (NYSE: FRX) announced its plans to buy Furiex Pharmaceuticals (NASDAQ: FURX) for up to $1.46 billion. Forest will pay around $95 per share, or around $1.1 billion in cash. Forest Labs will also pay up to $30 per share, or around $360 million in a contingent value right. The deal is projected to close in the second or third quarter of 2014.

  • [By Jake L’Ecuyer]

    Top decliners in the sector included Newmont Mining (NYSE: NEM), off 6.3 percent, and Eagle Materials (NYSE: EXP), down 4.3 percent.

    Top Headline
    Forest Laboratories (NYSE: FRX) announced its plans to buy Furiex Pharmaceuticals (NASDAQ: FURX) for up to $1.46 billion. Forest will pay around $95 per share, or around $1.1 billion in cash. Forest Labs will also pay up to $30 per share, or around $360 million in a contingent value right. The deal is projected to close in the second or third quarter of 2014.

Top 10 Construction Stocks To Watch Right Now: Baoye Group Co Ltd (BKG)

Baoye Group Company Limited is engaged in the provision of construction service, manufacture and distribution of building materials and development and sale of properties. The Company three segments: construction, which includes provision of construction services; property development, which includes development and sale of properties, and building materials, which includes manufacture and distribution of building materials. Its subsidiaries include Zhejiang Baoye Construction Group Co., Ltd., Zhejiang Baoye Curtain Wall Decoration Co., Ltd., Zhejiang Baoye Infrastructure Construction Co., Ltd., Zhejiang Guangyi Construction and Decoration Co., Ltd., Zhejiang Baoye Real Estate Group Co., Ltd., Shaoxing Baoye Four Seasons Garden Real Estate Co., Ltd., Zhejiang Baoye Building Materials Industrialisation Co., Ltd., Zhejiang Baoye Steel Structure Co., Ltd. and others. During the year ended 31 December 2011, the Company acquired three parcels of new land in Wuhan, Shanghai, and He nan. Advisors’ Opinion:

  • [By Inyoung Hwang]

    Berkeley Group Holdings Plc (BKG) surged 8.3 percent after saying first-half profit rose 22 percent. London Stock Exchange Group Plc (LSE) climbed 2.4 percent after Bank of America Corp.’s Merrill Lynch unit recommended buying the stock. Givaudan SA (GIVN) lost 1.3 percent after Nestle SA said it will sell $1.27 billion of shares in the world’s largest flavorings maker.

Top 10 Construction Stocks To Watch Right Now: Balfour Beatty PLC (BIH)

Balfour Beatty plc is a global infrastructure company that delivers services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance. The Company operates in four segments: Professional Services segment is engaged in the provision of project management; Construction Services segment is engaged in the activities resulting in the physical construction of an asset; Support Services segment is engaged in the activities, which support existing assets or functions, and Infrastructure Investments segment is engaged in the acquisition, operation and disposal of infrastructure assets, such as PPP concessions and airports. In July 2013, it announced the disposal of its 50% interest in the Salford Hospital PFI asset. In December 2013, Balfour Beatty Plc completed the sale of its UK facilities management business to GDF Suez Energy Services. Advisors’ Opinion:

  • [By Vanina Egea]

    A few companies excel over their market peers, granting them an unconventional competitive advantage. Everybody knows the market leaders, or the mammoth companies, but there are other particular services that can give a firm greater exposure. No other example is more relevant than the rotary rig count offered by Baker Hughes (BIH). The Baker Hughes Rig Counts provides a weekly count of U.S. and Canadian drilling activity to the industry since 1944, and has become an important business barometer for the drilling industry and its suppliers. Most importantly, the index allows industry analysts to identify industry trends, while providing valuable information to prospect investors beyond Baker Hughes itself. After experiencing a decline in performance from mid-2011 to the end of 2012, the company saw great improvement in overall performance during 2013. Can the trend be expected to continue?

Top 10 Construction Stocks To Watch Right Now: Stanley Black & Decker Inc.(SWK)

Stanley Black & Decker, Inc. manufactures tools and engineered security solutions worldwide. The company?s Security segment provides a range of mechanical and electronic security products and systems, as well as various security services consisting of security integration systems, software, and related installation, maintenance, monitoring services; automatic doors, door closers, and exit devices; healthcare storage and supply chain solutions; patient protection products; hardware; and locking mechanisms. This segment sells its products to retailers; educational, financial, and healthcare institutions; and commercial, governmental, and industrial customers through direct sales forces and third party distributors. Its Industrial segment offers mechanics tools and storage systems, including wrenches, sockets, electronic diagnostic tools, tool boxes, and industrial storage and retrieval systems; engineered healthcare storage and retrieval systems; hydraulic tools and accessor ies; plumbing, heating, and air conditioning tools; assembly tools and systems; and specialty tools. This segment sells its products to industrial customers through third party distributors and direct sales forces. The company?s Construction & Do-It-Yourself segment manufactures hand tools, including measuring and leveling tools, planes, hammers, demolition tools, knives and blades, saws, chisels, and consumer tackers; consumer mechanics tools; storage units comprising plastic and metal tool boxes; and pneumatic tools and fasteners for use in construction, remodeling, furniture making, pallet and manufacturing applications. This segment sells its products to professional end users and consumers through retailers, including home centers, mass merchants, hardware stores, and retail lumber yards. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker was founded in 1843 and is based in New B ritain, Connecticut.

Advisors’ Opinion:

  • [By Mike Deane]

    Stanley Black & Decker, Inc. (SWK) reported its fourth quarter earnings early on Friday morning, posting results that beat both revenue and earnings estimates.

    SWK’s Earnings in Brief

    Stanley Black & Decker reported fourth quarter revenues of $2.9 billion, up 9% from last year’s Q4 revenue of $2.7 billion. Net earnings for the quarter came in at $38.5 million, up from last year’s Q4 net income of $36.1 million. SWK’s EPS for the quarter was reported at 41 cents, but after excluding one-time charges, diluted EPS for Q4 came in $1.32 The company was able to beat analysts’ estimates of $1.30 EPS on revenues of $2.87 billion. For the full year, SWK reported reported diluted EPS of $4.98 on revenues of $11 billion.

    CEO Commentary

    SWK’s chairman and CEO, John F. Lundgren Chairman, commented on the company’s earnings: “During 2013 we made significant progress driving organic growth throughout the organization and the fourth quarter was no exception as the momentum continued from our organic growth initiatives. CDIY and Industrial delivered strong top and bottom line growth in spite of FX headwinds and on-going challenging global market conditions. The Security segment’s margin recovery is underway with notable improvement in North America and actions to improve Europe’s margins in place.

    “As we move into 2014 it is important to note that our long-term strategy and financial objectives remain intact. We are, however, focused on executing previously announced operating and capital allocation actions to boost returns in the near term. These actions demonstrate our commitment to drive sustainable improvements to the Company’s cash flow return on investment and drive shareholder value.”

    SWK’s Dividend

    Stanley Black & Decker did not announce a change to its quarterly payout in its earnings release. The company announced a raise to its dividend in July, boosting its quar

  • [By Tim Melvin]

    It has been almost as silly in the other direction, too. Traders knocked billions off the market cap of Stanley Black & Decker (SWK) after the company actually reported a 44% improvement in earnings. And Teradata (TDC) saw its corporate value trimmed by something like $1.5 billion after the company lowered its forecast.

Top 10 Construction Stocks To Watch Right Now: Tile Shop Holdings Inc (TTS)

Tile Shop Holdings, Inc., incorporated on June 21, 2012, is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Company sells over 4,500 products from around the world, including ceramic, porcelain, glass, and stainless steel manufactured tiles and, marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. It purchases its tile products and accessories directly from producers. The Company manufactures its own setting and maintenance materials, such as thinset, grout, and sealers under its brand name. The Company operates 70 stores in 22 states, with an average size of 23,000 square feet. It also sells its products on its Website. In January 2014 Tile Shop Holdings Inc launched its first retail store in Oklahoma City.

The Company offers a complete assortment of tile products, generally sourced directly from producers, including ceramic, porcelain, glass, and stainless steel manufactured tiles, and marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. The Company also offers a range of setting and maintenance materials, such as thinset, grout and sealers, and accessories, including installation tools, shower and bath caddies, drains, and similar products.

The Company competes with Home Depot, Tile America, World of Tile, Century Tile, and Floor and Decor, Dal-Tile and Florida Tile.

Advisors’ Opinion:

  • [By Tim Melvin]

    Tile Shops Holdings (TTS) came public back in 2012 and was initially a hot deal, doubling in the months after the deal was priced. It has been pretty much downhill from there, and the shares have lost half their peak value and are back near the offering price.

  • [By Jon C. Ogg]

    Tile Shop Holdings, Inc. (NASDAQ: TTS) managed to recover almost 12% on Friday to $14.50, but this one tanked on accusations of having third party transactions that would have inflated the company sales. Shares were down almost 40% on Thursday to $12.95 after having closed at $21.22 the day before. Now there are investigations and everyone is scared despite the company denying the claims and despite the company reaffirming its guidance. This one even traded 19 million shares on Thursday and 20 million on Friday, versus an average of what would be closer to 500,000 or so before the news. Anything tied to “accounting irregularities” sends investors running and brings the regulators and lawyers in.

  • [By Jake L’Ecuyer]

    Equities Trading DOWN
    Shares of Tile Shop Holdings (NASDAQ: TTS) were down 2.16 percent to $12.67. Citigroup downgraded Tile Shop from Buy to Neutral.

  • [By Paul Ausick]

    Stocks on the Move: Houghton Mifflin Harcourt Co. (NASDAQ: HMHC) is up 32.2% at $15.86 after its IPO today. Tile Shop Holdings Inc. (NASDAQ: TTS) is down 39% at $12.95 following a short seller’s claim that profits were overstated. Hewlett-Packard Co. (NYSE: HPQ) is down 5.4% at $25.07 after halting sales of its Chromebook laptop due to an overheating charger problem.

Top 10 Construction Stocks To Watch Right Now: URS Corporation(URS)

URS Corporation provides engineering, construction, and technical services to the power, infrastructure, federal, and industrial and commercial market sectors in the United States and internationally. Its services for power sector include planning, designing, engineering, constructing, retrofitting, and maintaining a range of power-generating facilities; and the systems that transmit and distribute electricity, as well as the development and installation of clean air technologies that reduce emissions at fossil fuel power plants. The company?s services for infrastructure sector comprise program management, planning, architect, engineering, general contracting, construction, and construction management for surface, air, and rail transportation networks; ports and harbors; and water supply, and treatment and conveyance systems. Its services for federal sector consist of program management; planning, design, and engineering; systems engineering and technical assistance to con struction and construction management; operations and maintenance; and decommissioning and closure primarily for the United States federal government and national governments of other countries. URS Corporation?s services for industrial and commercial sector include front-end studies, engineering and process design, procurement, construction and construction management, facility management, and operations and maintenance, as well as due diligence, permitting, compliance, environmental management, pollution control, health and safety, waste management, and hazardous waste remediation. The company was formerly known as Broadview Research Corporation and changed its name to URS Corporation in 1976. URS Corporation was founded in 1904 and is headquartered in San Francisco, California.

Advisors’ Opinion:

  • [By Maria Armental var popups = dojo.query(“.socialByline .popC”); popups.forEach]

    URS Corp.’s(URS) first-quarter earnings slumped 63% on a sharp drop in revenue related to some government contracts that the engineering company is winding down. Shares fell 7.1% to $43.85 premarket.

  • [By Ben Levisohn]

    URS Corp. (URS) has plunged 7.1% to $43.85 after its profit of 37 cents a share missed the Street consensus by 30 cents.

    Plug Power (PLUG) has dropped 3.7% to $3.94 after it reported a loss of 6 cents a share, missing analyst estimates for a loss of 5 cents.

  • [By Monica Gerson]

    URS (NYSE: URS) is projected to post its Q1 earnings at $0.68 per share on revenue of $2.68 billion.

    LATAM Airlines Group SA (NYSE: LFL) is expected to post its Q1 earnings at $0.20 per share on revenue of $3.42 billion.

  • [By Ben Levisohn]

    Base jumping might be fun–but not when it’s one of your stocks doing the jumping. Case in point: Shares of URS Corp (URS), which are plunging this morning after the construction and engineering company offered guidance well below previous forecasts.

Top 10 Construction Stocks To Watch Right Now: KBR Inc. (KBR)

KBR, Inc. operates as an engineering, construction, and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, and industrial sectors worldwide. Its Downstream business unit provides front end engineering design; detailed engineering; engineering, procurement, and construction (EPC); EPC management; and program management services to petrochemical, refining, coal gasification, and syngas markets. The company?s Government and Infrastructure business unit provides program and project management, contingency logistics, operations and maintenance, construction management, engineering, and other services to military and civilian branches of governments and private clients. Its Services business unit delivers engineering, construction, construction management, fabrication, maintenance, and turnaround services. It also offers maintenance, construction, and drilling support services for offshore oil and gas producing facili ties using semisubmersible vessels. This segment serves oil, gas, petrochemicals, and hydrocarbon processing industries, as well as power, alternate energy, pulp and paper, industrial and manufacturing, and pharmaceutical industries. The company?s Technology business unit offers various process technologies, including value-added technologies in the coal monetization, petrochemical, refining, and syngas markets. Its Upstream business unit constructs liquefied natural gas, gas-to-liquids, onshore oil and gas production facilities, offshore oil and gas production facilities, and onshore and offshore pipelines. The company?s Ventures business unit invests in and manages projects, where the company provides engineering, construction, construction management or operations, and maintenance services. KBR, Inc. was founded in 1901 and is based in Houston, Texas.

Advisors’ Opinion:

  • [By Lisa Levin]

    KBR (NYSE: KBR) shares fell 1.16% to touch a new 52-week low of $23.95 after UBS downgraded the stock from Buy to Neutral.

    AEP Industries (NASDAQ: AEPI) shares touched a new 52-week low of $34.20. AEP shares have dropped 56.11% over the past 52 weeks, while the S&P 500 index has gained 15.91% in the same period.

  • [By Aaron Levitt]

    Those hefty contract wins, plus the forward P/E of just 14 — make CBI one of the best stocks to buy.

    KBR (KBR)

    Spun-off from oil service stock Halliburton (HAL), KBR (KBR) could an interesting “value” pick for building outAmerica’s energy boom.

  • [By John Kell]

    Among the companies with shares expected to actively trade in Friday’s session are Deckers Outdoor Corp.(DECK), KBR Inc.(KBR) and Pier 1 Imports Inc.(PIR)

Top 10 Construction Stocks To Watch Right Now: Holcim Ltd (HOLN)

Holcim Ltd (Holcim) is a Switzerland-based holding company that specializes in the manufacture, distribution and marketing of building materials. The Company operates four business segments, including Cement, Aggregates, Other construction materials and services, and Corporate. The Cement segment is engaged in the development of cement and comprises clinker and other cementitious materials, among others. The Aggregates business segment includes crushed stone, gravel and sand. The Other construction materials and services business segment comprises ready-mix concrete, concrete products, asphalt, construction and paving, and trading, among others. Additionally, other construction materials and services segment provides environmental services, including waste management, among others. The Corporate segment is engaged in holding activities and general management. It operates through subsidiaries in Asia Pacific, Latin America, Europe, North America, Africa and Middle East regions . Advisors’ Opinion:

  • [By Sofia Horta e Costa]

    Holcim Ltd. (HOLN) lost 0.9 percent to 68.15 francs in Zurich. Bank of America Corp.’s Merrill Lynch unit cut its rating on the world’s largest cement maker to underperform, similar to a sell recommendation, from neutral. Merrill Lynch cited the company’s exposure to emerging markets.

Top 10 Construction Stocks To Watch Right Now: Bouygues SA (EN)

Bouygues SA is a France-based group that operates in two sectors: Telecommunications and Media, and Construction. The Construction division comprises three core subsidiaries: Bouygues Construction, specializing in building and public works activities, notably in the areas of electrical engineering, and facility maintenance; Bouygues Immobilier, a property development company, whose activities include the development of residential, corporate and commercial properties, and the execution of urban development schemes, and Colas, engaged in the construction and maintenance of transport, urban development and leisure infrastructure. The Telecommunications and Media division of the Group comprises two companies: TF1, specializing in audiovisual and cinema production, the acquisition and sale of audiovisual rights, and the publishing and distribution of compact discs, among others, and Bouygues Telecom, which offers mobile telephone and broadband Internet services. Advisors’ Opinion:

  • [By Corinne Gretler]

    Bouygues (EN) rallied 10 percent to 25.33 euros, the biggest gain since February. The French building, telecommunications and television company’s operating profit increased to 432 million euros from 394 million euros a year earlier. Analysts had forecast 358 million euros, according to the average of three estimates.

  • [By Sofia Horta e Costa]

    Bouygues SA (EN), the French building, telecommunications and television company, surged 7.2 percent to 26.96 euros, the highest close since November 2011. Credit Suisse Group AG upgraded the shares to neutral, similar to a hold recommendation, from underperform.