Why Textura Corporation Shares Racked Up Big Gains Today

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Textura Corp (NYSE: TXTR  ) rose as much as 11% Tuesday, then settled to close up around 7.4% after the construction software provider announced a significant new agreement with Turner Construction Company.

So what: Specifically, pending the successful development of interfaces to its enterprise resource planning system, Turner Construction plans to implement Textura's enterprise construction payment management (CPM) platform across all of its North American operations over the next year. 

Now what: Last month, I opted to watch Textura from the sidelines given its continued losses and recent underwhelming quarterly results. However, Turner Construction is currently the largest general builder in the North American commercial construction market, so this is a huge vote of confidence in Textura's offerings. Assuming all goes as planned with the integration of Textura's CPM into Turner Construction's operations, this should go a long way toward helping Textura in its quest for achieving sustained profitability. As a result, and even after today's pop, I think the stock could have what it takes to reward patient long-term investors.

Are you ready for this $14.4 trillion revolution?
Then again, Textura is hardly your only option for crushing the market over the long run. To be sure, have you ever dreamed of traveling back in time and telling your younger self to invest in Apple? Or to load up on Amazon.com at its IPO, and then just keep holding? We haven't mastered time travel, but there is a way to get out ahead of the next big thing. The secret is to find a small-cap "pure-play" and then watch as the industry -- and your company -- enjoy those same explosive returns. Our team of equity analysts has identified one stock that's ready for stunning profits with the growth of a $14.4 TRILLION industry. You can't travel back in time, but you can set up your future. Click here for the whole story in our eye-opening report.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2997995, ~/Articles/ArticleHandler.aspx, 11/22/2014 4:29:29 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement