Impact of the Stimulus Package
With its specific goal of stimulating the economy and creating jobs, it’s only natural that the stimulus package would include significant amounts of government cash allocated to creating infrastructure. There was an excellent article on Seeking Alpha pinpointing a few solid picks that ought to pull up in mid-February when the bill is expected to pass.
Vulcan Materials (VMC)
Forward P/E Ratio: 29.8x
2009E EPS: $1.75
Forward Trading Range: 14x – 18x
Implied Earnings: $3.74 – $2.91
Forward EV/EBITDA Ratio: 10.7x
2009E EBITDA: $850
Forward Trading Range: 6x – 9x
Implied EBITDA: $1,535 – $1,023
Martin Marietta Materials (MLM)
Forward P/E Ratio: 20.6x
2009E EPS: $4.00
Forward Trading Range: 14x – 18x
Implied Earnings: $5.89 – $4.58
Forward EV/EBITDA Ratio: 9.2x
2009E EBITDA: $498
Forward Trading Range: 6x – 9x
Implied EBITDA: $763 – $509
Posted: February 12th, 2009 under Economy, Monetary Policy, Obama, The First Year.
Comments: 1
Comments
Comment from Jert Nicks
Time: March 24, 2009, 5:00 pm
barack is a soft tyranny plain and simple
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