StockCall Study on SAIC Inc., KBR Inc., Jacobs Engineering, and AECOM Technology
LONDON, March 26, 2013 /PRNewswire/ --
Data released by the Institute for Supply Management (ISM) at the start of this month showed that services sector in the U.S. expanded at its fastest pace in a year last month. The services sector is directly benefiting from a recovery in the U.S. economy. With the economy expected to continue to recover, services sector should continue to expand. The trend will benefit technical services providers such as SAIC Inc. (NYSE: SAI), KBR Inc. (NYSE: KBR), Jacobs Engineering Group Inc. (NYSE: JEC), and AECOM Technology Corp. (NYSE: ACM). On Monday, services sector ended mostly lower as the broad market struggled. StockCall free coverage on SAI, KBR, JEC, and ACM is available upon registration at
http://www.stockcall.com/register
SAIC Inc.'s shares were among the few gainers in the services sector on Monday. The stock continued its excellent run for the year, gaining 1.26% to finish at $12.89 on above average volume of 3.97 million. Year-to-date, SAIC's shares have now gained nearly 15%, compared to a gain of 8.80% for the S&P 500. The stock has seen a series of highs since the start of this year, which is a bullish signal. The bullish trend is further confirmed by the stock's MACD chart. The company's shares are also trading well above their 50-day and 200-day moving averages. Download the free technical research on SAI by signing up at
http://www.StockCall.com/SAI032613.pdf
KBR's shares have had a decent run in 2013 so far. Year-to-date, the stock has gained more than 5.20%. However, the stock has been struggling to break through $32 resistance level. On Monday, KBR's shares slipped 0.03% to finish the day at $31.41 on volume of 797,800. The stock is currently trading nearly 16.70% below its 52-week high of $37.70. The company's shares are trading well above their 50-day and 200-day moving averages, which is a bullish signal. The bullish trend is further confirmed by the stock's MACD chart. The stock currently has strong support at $31. Register now and get access to the free analysis on KBR at
http://www.StockCall.com/KBR032613.pdf
Jacobs Engineering Group Inc.'s shares have seen a series of highs over the past few weeks after the stock broke through $50 resistance level. However, on Monday, the stock saw a slight pullback. Its shares slipped 0.33% to finish the day at $54.31 on volume of 660,999. Earlier in the day, the stock had fallen to an intra-day low of $53.84. The stock has been one of the best performing stocks in 2013, gaining more than 27.50%. However, the stock's MACD chart suggests that market sentiment may have turned bearish. Sign up and read the complimentary report on JEC at
http://www.StockCall.com/JEC032613.pdf
Shares of AECOM Technology Corp. fell sharply in Monday's trading session. The stock ended the day 1.21% lower at $32.55 on volume of 969,400. Despite yesterday's pullback, the stock is still up nearly 0.30% in the last five trading sessions. Year-to-date, the company's shares have gained more than 36.75%, easily outperforming the broad market. The stock is currently trading a little over 1.60% below its 52-week high of $33.09. The free report on ACM can be downloaded by signing up now at
http://www.StockCall.com/ACM032613.pdf
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