Jensen: A Post-Election Construction Play

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3. The median price target on the stock by analysts is $16.50 a share. Earnings are expected to go from a $1.50 a share this fiscal year to over $2 a share in fiscal 2013.

4. The company has a solid balance sheet with net cash on the books. It has also had already won some significant projects in the northeast recently even before any Sandy related work. It won a $73 million contract for a SUNY building in Brooklyn and was part of a consortium that won $952 million worth of work on a New York City subway line over the last few weeks.

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At the time of publication, Jensen was long TPC.


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