CNBC Recommends Chicago Bridge & Iron

Today on CNBC’s Strategy Session, Patty Edwards recommended a longtime favorite stock of BuylikeBuffett. Chicago Bridge & Iron is an often overlooked stock in the construction and engineering space. I have been buying shares of Chicago Bridge & Iron (CBI) over the last year. Chicago Bridge & Iron is a nice mid-cap play with a decent balance sheet and solid growth potential. This is a long term holding which should maximum appreciation over the next 5 years. Shares trade at just 9 times next year’s earnings which seem cheap based on the projected EPS growth rate of 11.5%. Investors looking for a nice infrastructure play may want to take a look at CB&I.