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Stock Recommendation – Foster Wheeler

Posted on Wednesday, February 4th, 2009 | In Stocks to Watch
Contributed by: Daniel Shepard (http://www.navivest.com/blog) -

Wednesday February 4, 2009
Navivest

The stock market opened to the downside, but it looks like we actually have a bullish undertone. So we are looking for an extension of yesterday’s gains.

Yesterday, we recommended that subscribers to our Navivest Equity Trader trading advisory service, buy Foster Wheeler (FWLT). Those shares are up 3% today and we think there are more gains to be had in the stock in the near term. As such, we continue to recommend entry at the current level of $20.40.

Last 5 posts by Daniel Shepard

Tags for this Post:
Foster Wheeler, Stocks to Watch, USD




About Daniel Shepard (http://www.navivest.com/blog)
Daniel Shepard is an Equity Analyst with Navivest, a stocks and options trading advisory services company that provides trading ideas on a subscription basis.

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