FWLT

McDermott International: My #1 Oil Service Investment

When I emphasized the need to own infrastructure stocks on October 23, 2007 (“Subprime” NOT the headline from Honeywell’s quarter - Part 2: Strength in Energy, Construction, and Infrastructure), I made a mistake. I apologize to my portfolio’s performance, and to my readers, for recommending Flour Corp. (FLR) and Foster Wheeler(FWLT). Not that Flour Corp.

Vested Interest: 
MDR, FWLT, RIG
Stock Symbol: MDR MCDERMOTT INT PAN Stock Price: $60.36 Todays Change: +1.82 (+3.11%)