Aug. 12 at 5:20 PM
$KBR this stock was at
$50 per share one year ago right around this time. Why? Quarterly EPS was at a solid
$1, and guess what? This quarterly EPS is expected to be
$1.02 and they have beat every quarter on earnings. Backlog is incredibly strong here to support sustainable annual EPS around
$4.
In other words, this is headed back to
$50. Clear uptrend, stair climb on 3 month chart is obvious. Be patient and it will get there.