Foster Wheeler Can Ride Oil's Rise By Jim Cramer About this article: Lots of the companies that got clocked with the oil move down are starting to come back. Foster Wheeler is a great example. This company has been in the doghouse forever, and I sense that it could embark upon one of those Joy Global/Bucyrus moves as the boiler market comes back -- hugely important -- and credit for big projects starts flowing again. I figured that with the compares so hard vs. the tail end of orders that were put in before things collapse, the backlog would be down and the earnings would be as much as halved. Instead, we get 71 cents vs. 88 cents, with lots of bad currency translation hurting the company. What excites me about the quarter is that some of the petro business that got canceled or put on hold is starting to come back, and that means we get the start... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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