Seeking Alpha

McDermott International (MDR +10.4%) pops after being initiated with a Buy at Stifel Nicolaus....

McDermott International (MDR +10.4%) pops after being initiated with a Buy at Stifel Nicolaus. Additionally, the Motley Fool adds that the stock has been battered over recent months, down over 60% from its April highs on on higher costs and large writedowns, and trades at a discount to its peers like Jacobs Engineering (JEC +3.4%) and Fluor (FLR +4.5%).
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