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Stock impact report

Jim Cramer on Babcock & Wilcox: “It's Highly Speculative” [Yahoo! Finance]

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Yahoo! Finance
“10 years ago, Babcock & Wilcox split again. This time… it spun off its commercial power business as Babcock and Wilcox Enterprises, and that is the company I got a call about last night, while the defense and nuclear business changed its name to BWX Technologies. And I gotta tell you, I think both of these companies have a lot going for them these days. I just wish the darn stocks weren't so high… In the end, though, the stocks had a pretty extreme run while Babcock & Wilcox is racking up a lot of new business, which is impressive for a company with a $923 million market cap… It's highly speculative. It certainly doesn't help that this company's currently losing a lot of money, still has a lot of debt. Plus, there are big projects, and we don't even know if Babcock & Wilcox can deliver. So, it's worth your attention, but I wouldn't buy it even for speculation until the stock cools off… Pixabay/Public Domain Babcock & Wilcox Enterprises, Inc. (NYSE:BW) provides energy and emissio Show less Read more
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