Residential ≠ Commercial

Derek Dean, Reed Construction Data

Part of an article I read by Rich Smith over at Motley Fool.

"Riddle me this, dear Fool: Which of these things is not like the others?

Perini (NYSE: PCR)

Pulte (NYSE: PHM)

D.R. Horton (NYSE: DHI)

Toll Brothers (NYSE: TOL)

Fluor (NYSE: FLR)

f you guessed the last name on that list, because Cramer fave Fluor focuses on commercial construction rather than residential, then congratulations -- you're right. But to get extra credit, you had to also have recognized that this was a trick question in the first place: There are actually two companies on the list more tied to commercial than residential construction industry (Perini being the second). And you get extra extra credit if you recognize the other factor separating Fluor and Perini from the rest of the construction pack: While the residential builders named all experienced revenue drops in the latest quarter and are losing money, Fluor and Perini grew sales in the double digits and are making money............."

For Richs entire article, follow the link... http://www.fool.com/investing/general/2008/04/11/glassmaker-gone-gangbusters.aspx

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