ENGlobal Corp (ENG) – Stock To Watch If Oil Prices Stabilize

ENGlobal Corp (ENG) - Stock To Watch If Oil Prices Stabilize by GEO Investing

We currently have 10 stocks in our infrastructure screen.  These companies are benefiting from the billions of dollars being spent on upgrading the aging US infrastructure across various areas. The average return on the only three core positions we established from the screen so far now totals 46%. In previous emails we have talked about starting to build a core position in PPSI as well. We are now adding ENG to this list because of its involvement in the energy infrastructure industry.

ENG is a provider of engineering and automation services primarily to the energy sector throughout the United States and internationally. ENGlobal operates through two business segments: Automation and Engineering. ENGlobal's...