Gulf Island Fabrication, Inc. (GIFI) just reported its first quarterly EPS profit for Q2 2013 after four consecutive quarters of losses that caused the company to report two consecutive full-year losses in 2011 and 2012. If the company manages to stay on course of restructuring and optimizations to become more flexible and cost-efficient after its record revenue year of 2012 and strong first half of 2013, Gulf Island Fabrication could become a very interesting income investor's choice.
If the price was more attractive, now would be the right time to start buying the company's stock to capitalize on the emerging trend of positive EPS and cash flow, which - coupled with zero long-term...
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