Profit from Heavy Construction!
Buy this Oil Service Stock
July 14, 2008
I know you've heard how risky it is to back financial companies or home builders during the current housing and credit crises. That's sound advice for the most part. But that doesn't mean that every bank and construction company is persona non grata! Subscribers to a number of my investment services, for example, own a bank in Peru that is doing quite well, and it's insulated from the problems we're experiencing here in the states!
But I'll save that bank for another time. The stock I really want to share with you right now is a construction company, Jacobs Engineering (JEC). Just like that South American financial company, Jacobs' profits are unaffected by the housing meltdown–but for a different reason. Jacobs has significant contracts with energy companies, building oil platforms, infrastructure and refining facilities around the world. I don't have to tell you how well the energy sector is doing right now, so it only make sense this company will do well, too!
Like many oil service stocks, Jacobs' fate isn't tied exclusively to the price of crude–JEC is also contracted by chemical and pharmaceutical companies, and the U.S. federal government. But as oil goes up, so does JEC! Shares gained even more momentum last week, after a Morgan Joseph analyst upgraded the stock to "buy" and predicted a price target that implies the stock could gain 21% by year's end! He said that with oil at record high prices and refining capacity in need of expansion, demand for Jacobs Engineering oil services segments will remain active for years to come!
I'm letting you know about this opportunity now so you can enjoy the profits after Jacobs offers up its quarterly report. But if you were a subscriber to my Blue Chip Growth service, I would tip you off to 40 stocks as good as or better than this one!
Companies on my Blue Chip Growth Buy List (like Jacobs Engineering) are exactly the stocks you need to own in this volatile market. But many people may have overlooked Jacobs Engineering because it is a construction firm and not your typical energy stock. Not me, and not my Blue Chip Growth subscribers! We've already enjoyed returns of about 13% from this stock, and are sure to profit even more now that the analyst community is catching on to Jacobs' strength. And after the company reports earnings on July 22, I expect even more people to want a piece of the pie. That means an increase in buying pressure, and a big increase in profits for those who own JEC!
If you want to learn about the great stocks on my Blue Chip Growth service, now is the time. You can get one-year subscription for just $149! And since I'm so confident you'll see returns of at least 3-to-1, I'm going to offer a 100% money-back guarantee! That's right, quit in the first six months and don't pay a dime.
So what are you waiting for? Join Blue Chip Growth today!
- Story
Tools
bookmark
email
print
add to tip'd
save to del.icio.us
tweet this
Sign up for Louis' FREE Newsletter
| Louis Navellier on |
Follow Louis on |
||
| Subscribe to this RSS Feed |
Sign Up for Louis' Free Newsletter |
Today's Markets »
| DJIA | 10,023.42 | 17.46 | 0.17% | |
| NASDAQ | 2,112.44 | 7.12 | 0.34% | |
| S&P | 1,069.30 | 2.67 | 0.25% |
Most Popular »
- Buy Hewlett-Packard Before Earnings
- An 1849-Style Gold Rush in 2009
- Cashing In on the Wireless Revolution
- Cutting Edge Biotech Stocks to Buy Now
- 2 ETFs to Buy Now
Your Navellier Services
Subscribers log in below for complete portfolios, specific buy prices, up-to-the minute buy/sell/hold recommendations and more!
Not a subscriber? Sign up risk-free today.
To learn more about a Blue Chip Growth subscription, click here.
To learn more about an Emerging Growth subscription, click here.
To learn more about a Global Growth subscription, click here.
To learn more about a Quantum Growth subscription, click here.


