Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It is not an easy market out there, but not an impossible one either. Wood Group (WG.) has been one of my year-to-date best performers. I know the headline share price is not even up 10%, but I did sell the majority of my shares after the potential bid approach…and then I bought all the shares back at what looks to be a pretty attractive price three months ago (after sharing it all on the website, naturally). As I shared here last month, recent progress seems to be solid and today’s formal update even includes an observation that it is “increasing our full year guidance for the year for revenue and EBITDA”.
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