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McDermott International: My #1 Oil Service Investment
Read the full article: http://flyboysfund.jeffreylin.net/2008/03/28/mcdermott-inter...
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.
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