Chicago Bridge & Iron Company N.V. – $CBI – Confident Investor Rating: Poor

Company name Chicago Bridge & Iron Company N.V.
Stock ticker CBI
Live stock price [stckqut]CBI[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=cbi

Chicago Bridge & Iron Company N.V. (CB&I) provides a range of services to customers in the energy infrastructure market across the world. The Company provides various services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services. It operates through four segments. Its Engineering and Construction segment provides engineering, procurement, and construction (EPC) services. Its Fabrication Services segment provides fabrication and erection of steel plate structures; fabrication of piping systems and process modules, and manufacturing and distribution of pipe and fittings. Its Technology segment provides licensed process technologies and catalysts for use in petrochemical facilities and oil refineries. Its Capital Services operating group provides environmental engineering and remediation, infrastructure EPC services and program management.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Chicago Bridge & Iron Company N.V.. It is not possible to confidently invest in a company that is not currently profitable. I am removing Chicago Bridge & Iron from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

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