Tutor Perini: Taking Advantage Of The Spike In Infrastructure Spend

Individual Trader
17.84K Followers

Summary

  • EBIT margin up by almost 20% in Q2 despite lower sales.
  • This shows the quality of project is improving for the firm and trends point to this continuing.
  • As long as market conditions play ball, we see significant upside in Tutor Perini.

Mujer ingeniera de construcción usando tableta
Johnce/E+ via Getty Images

Tutor Perini (NYSE:TPC) came across a screen we ran where the objective was to find companies with attractive valuations and were also trading a profit. As we can see from the technical chart below, shares printed a

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Elevation Code's blueprint is simple. To relentlessly be on the hunt for attractive setups through value plays trading under intrinsic value. To constantly put ourselves in positions where we have limited downside but yet significant upside always remains the objective of the portfolio.

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This article was written by

17.84K Followers
Individual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. Risk management is controlled through position sizing & the use of trailing stop losses over time.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TPC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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