Today's Research on McDermott Intl., Foster Wheeler, Fluor, MasTec, and Goldfield

   Today's Research on McDermott Intl., Foster Wheeler, Fluor, MasTec, and
                                  Goldfield

PR Newswire

LONDON, March 8, 2013

LONDON, March 8, 2013 /PRNewswire/ --

Construction spending in the U.S. has rebounded sharply since last year,
driven by the residential construction market. While spending from government
on construction projects is expected to remain weak, private sector
construction spending is forecast to grow at a robust pace. Apart from
residential construction, growth for companies such as McDermott International
(NYSE: MDR), Foster Wheeler AG (NASDAQ: FWLT), Fluor Corporation (NYSE: FLR),
MasTec Inc. (NYSE: MTZ) and The Goldfield Corporation (NYSEAMEX: GV) are also
expected to benefit from increasing in spending on private sector
infrastructure projects, especially in the oil and gas sector. On Thursday,
heavy construction stocks ended on a mixed note even as the broad market
rallied. StockCall professionals have completed their technical analysis on
MDR, FWLT, FLR, MTZ, and GV and these free reports are accessible by
registering at

http://www.stockcall.com/research 

Shares of McDermott International ended marginally lower in Thursday's trading
session. The stock closed 0.28% lower at $10.76 on volume of 3.28 million.
Despite the pullback yesterday, the stock has gained more than 2% in the last
three sessions. Year-to-date, the stock has fallen more than 2.30%,
underperforming the broad market. McDermott's shares fell sharply last week
after failing to break through $13 resistance level. Technical indicators for
the stock are currently giving strong bearish signals. Sign up for the free
technical research on MDR at

http://www.StockCall.com/MDR030813.pdf

Shares of Foster Wheeler AG fell in Thursday's trading session. However,
losses were limited. The stock closed 0.24% lower at $20.57 on volume of 1.18
million. Despite the decline yesterday, the stock has gained more than 3.50%
in the last three sessions. Year-to-date, though, the stock has fallen more
than 15%, underperforming the broad market, which has gained more than 8.20%
in the last three trading sessions. Foster Wheeler's shares are currently
trading below their 50-day moving average, which is a bearish signal. The
bearish trend is further confirmed by the stock's MACD chart. Be sure to read
our latest technical research on FWLT by registering at

http://www.StockCall.com/FWLT030813.pdf

Shares of Fluor Corp. rose sharply in Thursday's trading session, tracking
gains in the broad market. The stock closed 1.05% higher at $63.41 on above
average volume of 2.14 million. Fluor's shares have gained more than 5.60% in
the last three trading sessions. The company's shares have just crossed their
50-day moving average, which is a bullish signal. The bullish trend is further
confirmed by recent volume activity and the MACD chart. Year-to-date, the
stock has gained nearly 8%. Sign up and read the complimentary report on FLR
at

http://www.StockCall.com/FLR030813.pdf

Shares of MasTec Inc. rose marginally in Thursday's trading session. The stock
closed 0.26% higher at $30.37 on volume of 362,821. It has gained more than
1.20% in the last three sessions. Year-to-date, MasTech Inc. shares have
outperformed the broad market, gaining nearly 22%. The company's shares are
currently facing resistance at around $31. The stock has strong support at
$30. The free report on MTZ can be downloaded by signing up now at

http://www.StockCall.com/MTZ030813.pdf

Shares of The Goldfield Corporation rallied in Thursday's trading session,
gaining 4% to finish the day at $4.16 on volume of 1.05 million. The stock has
gained more than 14% in the last three sessions. Year-to-date, the stock has
gained more than 121%. Free report on GV can be accessed by registering at

http://www.StockCall.com/GV030813.pdf 

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