Sector Snap: Engineering & Construction companies (AP via Yahoo! Finance)
Sector Snap: Engineering & Construction companies (AP via Yahoo! Finance)
The recent drop in crude oil prices has dampened investor interest in engineering and construction company stocks, leaving many trading near 52-week lows. But while lower commodity prices may have muted the sector’s gains, an analyst said Friday that investors should watch companies’ ability to execute in the current market rather than look solely for double-digit backlog growth.
