New Horizons Investment

Fluor (FLR) and Cost of Being Boring


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This episode offers a comprehensive look at Fluor Corporation (FLR) through expert analysis, quantitative data, and strategic guidance. The CFRA report provides a hold recommendation, noting that while the company’s valuation is a positive driver, its growth metrics remain a concern for the quantitative model. Morningstar analysts suggest a more optimistic buying opportunity, highlighting that the stock trades at a significant discount to its fair value despite high uncertainty surrounding a major equity stake in NuScale. This podcast emphasizes management's successful efforts to de-risk the business by moving away from volatile fixed-price contracts toward more stable, reimbursable agreements. Vickers provides a detailed log of insider trading activity, showing various stock acquisitions and disposals by company executives throughout 2024 and 2025. This foundational episode outlines six critical questions for investors to consider, focusing on the importance of having a clear investment thesis and the discipline to remain patient during market fluctuations.

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New Horizons InvestmentBy Odd Bird