Fast Money's Heavy Construction Stock Picks
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Date updated:06-03-2008

The traders then talked with TheStreet.com's Dan Fitzpatrick about the technical outlook for some heavy construction names.

symbol name last price % change open
  • +
  • GVA
    Granite Construc
  • $41.75
  • +2.88%
  • $40.27

Fitzpatrick said that Granite Construction (GVA) is trading above its 50-day moving average and making higher lows. He said investors should watch for a breakout above $40.

People owning GVA also tend to own: ABAXANFBLKBBLUDGEOHCSGIIVI

TheStreet.com Rating: B- What is this?

  • +
  • MDR
    Mcdermott Int Pan
  • $13.14
  • +7.79%
  • $12.00

He said McDermott (MDR) has also put in a series of higher lows and advised buying on any move above $62.

People owning MDR also tend to own: GESITGSTHJF.PKBRCMFXIACHASTI

TheStreet.com Rating: C What is this?

  • +
  • FLR
    Fluor Cp (new)
  • $49.36
  • +5.49%
  • $46.38

Fitzpatrick notices that this stock is trading in a range. If it stays above $187 he thinks it’s a buy but if it falls below $168 get out.

People owning FLR also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: C+ What is this?

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