Pessimistic Optimist

7 Ways to Profit from Asphalt and Highway Construction

I was thinking on terms of CAT also and even FLR as being a pin action infrastructure play. They have strong balance sheets and undoable contractual aggrements. CAT is effected to market slowdown with contracts on hold. FLR is still taking on BB contracts which are no default gaurantees. They are extremely diversified with capabilities to work roads, electrical grid, windtower nuclear, anything iron or concrete. They are a true alternative energy build out corporation affixed to a supreme infrastructure developer. I also believe they are both tied to and will move exponentially with oil and other commodity stocks.
Disclaimer: I am long COP, BP, CAT and FLR.

Four Oil Giants to Keep an Eye on - Barron's

With long terrm fundies intact and a debt to cap. ratio or 19% I am long COP. projected earnings alone are for 10X forward, with a loss of EPS almost 5.50 which is figured into pricing. That alone is 7 dollars off 52 week low and SP rates a strong buy??? And their divvy is sitting at $.55. This is going to simmer but it will do so in an upward move over a longer timeframe. I am confidant we will see positive gains possibly sooner as mentioned by Contrarians.

BP on the other hand has a smaller hand to play with about 3.70 trimmed EPS for 09 and only 4.5X forward. They are 3 and some change off 52 week low. Inexpensive stocks, the both, compared to higher priced sector giants. The positive here is the Debt of only 14% and the $.81 dividend which appears to be safe for 09.
Needless to say, I am long here also.

The bottom line is taking these two for a ride is not going to be the most pleasant ride available in this market but for the the price, you will stay belted in with the dividend used as an SRS.

Back Room Deal? - Cramer's Mad Money (10/10/08)

BHN,
That makes sense. I am beginning to see one or two folks with it in every blog. Common sense is not so common. That is the exact way I saw Cramer's plight as well. His direction was not unclear but it is getting spun that way. I read an article earlier that was screaming for Cramer's head. There was blood in the water and eyes were rolling back into that protective sheath ,4 rows of teeth showing. Cramer was chum.
He is some of the smartest chum I have ever seen when commenting on the markets. I listened and I am better off for it. Obviously many here are not. Are they pissed because they got smacked down and lost money? They could have done their homework. I did it and I will make it though, not unscathed, but I will survive this market.
Holding Cramer's fingers to the fire over this is like blaming Remington, Springfield or Guarrand for the guns made during the reign of Hitler. I am using a gun analogy.. not a manufacturer's analogy of them so do not ridicule my lack of exact name brand guns of that era.
I will say it again, go after the CEO's of these big companies that made so many millions. Leave Cramer to do his bidding and help the little guy.

Brazil and Petrobras Are Awash in New Oil

Been following and buying in and out of pricing with PBR. I have seen it go up slightly but down sharply. Now I am reading how the braz gov't want to take profit and make the country thrive. The shareholders get the short end of it? Hey.. that's me! Could that happen? Can you say CX? or even maybe Chavez? I sidelining PBR right now waiting for a little stability there.... but I am not holding my breath.