The below post is from 14th December and a check of the latest charts will show the rally which is now occurring in both names.
Both Downer and CIMIC are current holdings in the ASX 100 model portfolio.
The graphs below show the price action finding recent buying support.
We see a supportive backdrop with increased infrastructure spending, likely to underpin earnings growth in both businesses for the next 3 – 5 years.
NOTE: Today CIMIC Group has announced an on-market buy back of up to 10% of the shares on issue.