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Foster Wheeler: Still Too Many Headwinds Despite The Run Up

AMFW

Foster Wheeler (FWLT), being exposed to the engineering and construction industry, has seen its stock punished through the global recession. The stock had an over 80% max drawdown, from peak to trough over the past decade. After bottoming out in early 2009, FWLT is up only 20%, while the Dow Jone...

Foster Wheeler (FWLT), being exposed to the engineering and construction industry, has seen its stock punished through the global recession. The stock had an over 80% max drawdown, from peak to trough over the past decade. After bottoming out in early 2009, FWLT is up only 20%, while the Dow Jone...

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