The provider for various sectors as energy,transportation and construction still being in an uptrend and is going towards its highest trading price.

The company shows strong fundamentals. The positive evolution on margins evince its capacity to convert sales in effective gains. Its undervaluation (P/E ratio of 10.9x for 2014) should motivate investors for long position taking. Moreover, a great evolution in analysts revisions on EPS and revenues is observed during the last 12 months.It means a large potential for the security on the stock market.

Technical patterns are in the green: prices are up for several months. The movement should continue in the coming trading sessions and the 20-day moving average should help to reach USD 79.6, our next target.

According to both technical and fundamental analysis, the timing seems appropriate to take a long position at current prices. The bullish trend should allow the security to reach the USD 79.6 resistance. A stop loss will be placed under the entry point, this to avoid a downturn.