With several new acquisitions, the major one being the purchase of Lummus Global, the company has diversified it's services. The new face of CB&I has expanded it's focus from storage facilities to all facets of the hydrocarbon value chain. This will significantly increase client base and provide more opportunities for projects in the future. The simple fact that CB&I has the financial stability to embark on all these acquisitions so quickly alone is reason enough to go bullish on this stock.
The company just announced it is paying out an interim dividend of .04 cents per share. This again signals that the company had a strong fiscal year even with the acquisition of Lummus Global. A company of this magnitude holding surplus capital is sure to rise.