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Not all Trump Stocks are created equal, and it pays to be picky

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Trump Stocks to Watch: Jacobs Engineering (JEC)

Trump Stocks to Watch: Jacobs Engineering (JEC)YTD Gains: 99.9%
52-Week Performance: 179.6%
Price Target: $58.66

Jacobs Engineering Group Inc (NYSE:JEC) has been among the most visible beneficiaries of the “Trump Bump” because of its role managing huge infrastructure projects. Moreover, the company is benefiting from a two-year restructuring plan and recently began paying a dividend.

However, the company’s Petroleum and Chemicals business, its largest, has struggled with low oil prices and will be a drag on its earnings for a while.

Verdict: JEC flies under the radar of both the media and Wall Street analysts, which in this case is a good thing. However, the “good news” appears to be factored into the stock price, so there is no sense of urgency to buy the shares absent a significant pullback.

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Article printed from InvestorPlace Media, http://investorplace.com/2017/03/trump-stocks-lmt-cx-rtn-jec-vmc/.

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