Jacobs Engineering [JEC 45.91 1.01 (+2.25%) ] : “Wait for a pullback before buying shares of JEC”, Cramer said.
Jacobs Engineering Group Inc. (NYSE: JEC) is a technical professional services firm in the United States. It provides a range of technical, professional, and construction services to industrial, commercial, and governmental clients globally. The Company provides four categories of services: project services; process, scientific and systems consulting services; construction services, and operations and maintenance services. In February 2010, it acquired Jordan, Jones and Goulding, Inc. In October 2010, it acquired TechTeam Government Solutions, Inc. and Sula Systems Ltd. In December 2010, it acquired Damon S Williams. In February 2011, the Company acquired a number of Aker Solutions’ operations within its Process and Construction (P&C) business area. In May 2011, it acquired an additional 55% interest in Consulting Engineering Services. In November 2011, it acquired KlingStubbins. In December 2011, the Company acquired Unique World.