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URS May Benefit from Stimulus
By: Zacks Investment Research   Wednesday, January 28, 2009 2:08 PM

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In our November 06, 2008 report on URS Corp. (URS), we wrote: "The demand for energy be it derived from fossil fuel, nuclear, solar, wind, water, and/or other sources continues to grow during bad times and good. When FDR came into power, the WPA was the principal tool of his administration to turn the economy around (which had foundered then because investors borrowed money to buy stocks they couldn't afford, rather than homes, but the result was the same).

"There are a lot of unemployed people from the construction industry that could be put to work in all manner of ways that would enhance the country's energy resources, as well as in rebuilding the country's infrastructure (such as the interstate highway system which was put into place during the Eisenhower era).

"The possibilities for the E&C (Engineering & Construction) companies should not be scoffed at, since the only other thing that worked better than the WPA in turning the economy around back then was WWII. All the E&C companies would benefit from such an environment, but URS is uniquely structured to cover almost all the bases."

It now looks like a happening thing!

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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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