Archives
September 2007
9/28/07
9/28/07
9/26/07
9/25/07
9/24/07
9/21/07
9/20/07
9/19/07
9/18/07
9/17/07
9/14/07
9/13/07
9/12/07
9/11/07
9/10/07
9/7/07
9/6/07
9/5/07
TRC Companies: It's Still the Infrastructure...Now at a Bargain Price
9/4/07
Wednesday, September 5, 2007
TRC Companies: It's Still the Infrastructure...N
In June, I blogged about TRC Companies Incc (NYSE:TRR)
and said, even at its 52-week high, the stock was a buy. TRC is even
more of a buy now -- a big hedge fund had to dump its shares as a
result of a margin call on its entire portfolio (and subsequently shut
down the fund). This hedge fund's loss now becomes our gain.
TRC is one of my favorite picks right now, and it has become a better value since my first blog. In three words: Infrastructure, infrastructure, infrastructure. The company's expertise lies in engineering, construction, remediation services, risk management, and pollution control, and its clients are the big guns: government agencies, hospitals, banks, industrial properties and the likes. TRC has been known, additionally, for buying, and redeveloping, environmentally-contaminated real estate properties.
To give you an example of its scale and the type of work TRC secures, the company was chosen as Long Island Railroad's system-wide manager for Hazard Analysis, part of its commuter and worker safety efforts. TRC also recently secured a task order contract for the Port of Los Angeles. As the recent, tragic bridge collapse in Minnesota highlights, there's a growing infrastructure problem in this country and it isn't going away. The U.S. government in the next decade will dedicate more than $1.3 trillion of upgrades necessary to improve its infrastructure.
When I blogged about this company in June, TRC was trading at $14.20. I said then that the company was just beginning its three-year, costly turnaround strategy focused on improving the company's systems. Its plan should pay off by 2009. Since my earlier blog, market forces (especially this hedge fund that was a huge shareholder) have pushed TRC down to $10.90. This is a stock that I think can hit $30 in the next several years, and the general downturn of the market has made it a true bargain. I enthusiastically call it a buy.
Type of Stock: A player in infrastructure and engineering, TRC seems under investor's radar right now, and this is bound to change. I'm very bullish on TRC.
Price Target: TRC (the symbol is TRR) is a stock that has been hit in the downturn of the market, and it is a bargain at $10.90. I've maintained that we could see this hit the $30s within two years, and I hold strong on this.
Note: I own shares in TRC.
hilaryonstocks at 2:45:00 PM EDT Blog about this entry |
Add to del.icio.us | 
digg this
TRC Companies: It's Still the Infrastructure...N
TRC is one of my favorite picks right now, and it has become a better value since my first blog. In three words: Infrastructure, infrastructure, infrastructure. The company's expertise lies in engineering, construction, remediation services, risk management, and pollution control, and its clients are the big guns: government agencies, hospitals, banks, industrial properties and the likes. TRC has been known, additionally, for buying, and redeveloping, environmentally-contaminated real estate properties.
To give you an example of its scale and the type of work TRC secures, the company was chosen as Long Island Railroad's system-wide manager for Hazard Analysis, part of its commuter and worker safety efforts. TRC also recently secured a task order contract for the Port of Los Angeles. As the recent, tragic bridge collapse in Minnesota highlights, there's a growing infrastructure problem in this country and it isn't going away. The U.S. government in the next decade will dedicate more than $1.3 trillion of upgrades necessary to improve its infrastructure.
When I blogged about this company in June, TRC was trading at $14.20. I said then that the company was just beginning its three-year, costly turnaround strategy focused on improving the company's systems. Its plan should pay off by 2009. Since my earlier blog, market forces (especially this hedge fund that was a huge shareholder) have pushed TRC down to $10.90. This is a stock that I think can hit $30 in the next several years, and the general downturn of the market has made it a true bargain. I enthusiastically call it a buy.
Type of Stock: A player in infrastructure and engineering, TRC seems under investor's radar right now, and this is bound to change. I'm very bullish on TRC.
Price Target: TRC (the symbol is TRR) is a stock that has been hit in the downturn of the market, and it is a bargain at $10.90. I've maintained that we could see this hit the $30s within two years, and I hold strong on this.
Note: I own shares in TRC.
hilaryonstocks at 2:45:00 PM EDT Blog about this entry |
Add to del.icio.us | digg this
This entry has 5 comments: (Add your own)
-
My home work on TRC shows Hilary's comments are on the money! Analysis show there's a huge upside and at current price very cheap...the down side at this price is minimal...a great infracture play.
-
You sound very positive and bullish on this one, more so than any other companny you blog about. Which in itself makes me scared !! This is not a profitable company and is making losses year in , year out. Its fine if you have some gamble money to play with.
-
check out HSXI .26 censt FDA approved device coming for arthiritis.
-
Hilary: TRC is a turn-around story based on its own statements. It is operating at a loss. It appears that real estate is its primary business segment, and not infrastructure. Did you do your homework on this one?
12/8/07 11:39 PM