BWX TECHNOLOGIES (BWXT) Stocks
ABOUT BWX TECHNOLOGIES
📊 BWX Technologies, Inc. is a power generation company. It designs and manufactures nuclear components and offers related services. The company’s portfolio offers naval nuclear reactors as well as nuclear fuel for the United States Government as well as environmental site rotation services and nuclear materials processing, commercial nuclear steam generators, reactor components, pressure vessels and auxiliary equipment to nuclear power businesses.
📊 BWX operates out of several segments – Nuclear Services Group, Nuclear Operations Group and Nuclear Power Group.
📊 BWX Technologies, Inc. is headquartered in Lynchburg, Virginia. The company has approximately 4 500 employees.
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HISTORY OF BWX TECHNOLOGIES
- In 1867 Stephen Wilcox and George Babcock founds Babcock, Wilcox & Company (B&W). In 1881, the company’s boilers are used to power the first central electrical station in the United States. Thomas Edison’s Pearl Street Station in New York City is powered by four of the company’s boilers in 1882.
- A few years later the company’s boilers are used to power the first subway in New York City. To manufacture boilers for industrial applications, the company buys the Sterling Consolidated Boiler Company plant in Ohio.
- In 1907 B&W boilers power Teddy Roosevelt’s Great White Fleet. During the next few years the company starts providing materials and components for government and nuclear operations.
- In 1959 it manufactures a nuclear reactor for the world’s first merchant ship, the NS Savannah. B&W buys J. Ray McDermott & Co., Inc. in 1978.
- The company grows and by the 2000’s it expands its portfolio and enters the oxy-fuel technology markets. In 2007 the company is renamed The Babcock & Wilcox Company. It buys Marine Mechanical Corporation in Euclid, Ohio. A year later its subsidiary, Nuclear Fuel Services, Inc., is purchased in Erwin, Tennessee.
- In 2011 the company provides consulting services to recover a nuclear reactor in Fukushima, Japan.
- In 2016 BWX Technologies buys GE Hitachi Nuclear Energy Canada, Inc. during the 2018’s the company enters the medical isotope market with the purchase of Sotera Health’s Nordion.
VISION & VALUES OF BWX TECHNOLOGIES
- BWX Technologies, Inc.’ vision is to be the best in the industry by offering the highest quality products and services to its customers. BWX maintains high levels of timely delivery, safety and security, providing trust to its customers.
- The company values its people and treats everyone with respect and integrity. BWX is committed to employee safety and the security of valuable materials and information. Opportunities to create long term growth are created.
MARKET PERFORMANCE OF BWX TECHNOLOGIES
- BWX Technologies, Inc. trades on the New York Stock Exchange under the NYSE stock symbol “BWXT”.
- Data analysis for the company’s quarterly period ended June 30, 2019 reports total assets of $ 1,756,480 thousand. Cash and cash equivalents are $ 34,444 thousand and net income is $ 59,000 thousand.
- Total costs and expenses are $ 397,558 thousand and cost of operations are $ 338,023 thousand. Revenues are $ 471,231 thousand. BWX Technologies, Inc. shares can be bought at a fair price.
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LATEST NEWS BWX TECHNOLOGIES
Buy BWX TECHNOLOGIES stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase BWX TECHNOLOGIES Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy BWX TECHNOLOGIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN BWX TECHNOLOGIES STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE BWX TECHNOLOGIES STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of BWX TECHNOLOGIES stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy BWX TECHNOLOGIES stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?
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