Manitowoc Company, Inc.
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Build a Strong Portfolio with the Help of This Machinery.
By Robinson Roacho - May 16, 2013 | Tickers: CAT, DE, MTW, TEX
The machinery and tools sector has been in favor this year. However, mid-size companies such as Manitowoc Co. Inc, (NYSE: MTW) and Terex Corp. (NYSE: TEX) have outpaced machinery giants such as Caterpillar Inc. (NYSE: CAT) and Deere & Company (NYSE: DE). The market has rallied 16% YTD, and trades at all-time levels, while Caterpillar has declined 2% YTD, and DE has gained 4%. By delving into their quarterly earnings report more »
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3 Stocks to Buy on Improving Industrial Sector
By Zain Abbas - May 15, 2013 | Tickers: CCK, MTW, MTZ
On a relative scale, the industrial sector has not been performing well on a year-to-date basis. This is in contrast to what the market had expected especially after an improving housing market and growth in developing economies. However, the good news is that the industrial goods sector has been on a tear since the last week after China reported solid growth figures.
The following graph shows that:
The question arises more »
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Is China the Land of Opportunity for Mining Equipment Companies?
By Zain Abbas - May 14, 2013 | Tickers: CAT, JOY, MTW
China has been called the land of opportunities for industrials. Many mining equipment companies have turned towards this emerging economy in hopes of fueling enough growth to make up for declining mining activity in North America.
However, China hasn’t kept up with the expectations of these industrials. Its economy hasn’t grown as quickly as anticipated. However, channel checks show that excavator sales rose by 6% (on a year-over-year more »
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It’s About Time You Started Taking This Stock Seriously
By Neha Chamaria - May 1, 2013 | Tickers: CAT, MTW, OSK, TEX
After a strong run for a month through the end of March, Terex’s (NYSE: TEX) stock had hit a point where I thought it may be time to take some profits off the table. Fools who paid heed must be a happy lot, as the stock has lost 17% since then.
A disappointing first-quarter earnings report last week ensured that the stock remains in the red. Yet Terex is more »
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Is the Market in Denial About This Stock?
By Neha Chamaria - April 23, 2013 | Tickers: CAT, MTW, MCD, TEX
I was checking out McDonald’s (NYSE: MCD) earnings report while munching some salad when I realized there’s nothing to write home about. Flattish top and bottom lines…nothing interesting. But Mickey D's lackluster earnings report almost instantly took my attention to another company that is set to report numbers next week. No, it's not another restaurant chain, but an equipment maker that is also a supplier more »
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Is The Game Over For This Stock?
By Neha Chamaria - March 26, 2013 | Tickers: CAT, DE, MTW, OSK, TEX
This stock has rallied more than 8% since the last time I wrote on it, even etching a new 52-week high for itself some days back. That last time wasn't that long ago though, just a month. I had a hunch then that this one could rocket. It did.
The reasons I laid down still hold good for Terex (NYSE: TEX). Does that mean the stock has just embarked more »
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This Block Investor Likes Industrials
By Marshall Hargrave - March 22, 2013 | Tickers: ANF, FLS, HES, ITW, MTW
Relational Investors, founded by Ralph Whitworth in 1996, employs a block investing strategy. Block investing is a spin on "activist" investing, being a more "company friendly" approach to enacting change at companies. These investors generally purchase large blocks of shares and engage with company management to unlock shareholder value.
Relational made a couple of notable investments during the fourth quarter, including buying up a notable crane company and having over more » -
These 2 Machinery Stocks will Shine in 2013
By Shweta Dubey - March 8, 2013 | Tickers: JOY, LNN, MTW
Last year was a year of decreased capital spending on equipment. This forced various equipment manufacturers to look for new opportunities to keep the momentum going. These companies are looking for expansion in the Asia-Pacific and Latin America, either through joint ventures or through acquisitions.
Towards the end of 2012, the industrial numbers seemed to be improving gradually. Industrial Production rose by 1% and manufacturing output rose by 0.2 more »
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Why You Should Dip Your Fingers in This Sizzler
By Neha Chamaria - February 24, 2013 | Tickers: CAT, DE, MTW, OSK, TEX
It was a pleasant October day last year when I decided to make the most of my recharged research side of the brain. This company had just-released its quarterly report, and although it beat Street estimates, the numbers were far from good. Over a tea (I am not much of a coffee girl) conversation, my colleague felt there were much better companies to bet on than this one. Not convinced more »
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Manitowoc is a Good Buy in 2013
By Anh HOANG - February 22, 2013 | Tickers: ITW, MTW, MIDD, TEX
Jim Cramer predicted that Manitowoc (NYSE: MTW) could split into two businesses to unlock its hidden potential value. He thought that if the company did so, its shares could reach $24, a 23% increase over its current trading price. Since the middle of 2012, Manitowoc’s share price has increased significantly, from $10 to $19.50. Let’s look closely to see whether or not we should buy Manitowoc now more »
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If You’re Still Chasing This Stock, Do So at Your Own Risk
By Neha Chamaria - February 19, 2013 | Tickers: CAT, DE, ITW, MTW, TEX
This stock has been on a tear. After putting on a massive 61% last year, it still has the spring on its feet alive. Manitowoc (NYSE: MTW) has already gained 17% this year. The crane maker’s stock outperformed most peers in the past twelve months, including bellwether Caterpillar (NYSE: CAT) by a gaping margin.
I just have one question: Why is this stock rallying? Just why? A lot of more »
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Why This Stock’s Recent Dip Should Excite You
By Neha Chamaria - February 18, 2013 | Tickers: AGCO, CAT, DE, MTW, TEX
Alexander Pope’s words ring loud in my ears – “Blessed is he who expects nothing, for he shall never be disappointed.”
The poet’s works have found a considerable space for themselves on my book shelf, but that’s not what prompted me to recall these oft-quoted words. It’s what happened to John Deere’s (NYSE: DE) stock in the past couple of days that brought them back.
After more »
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2013 Outlook for Mining Equipment Companies
By Zain Abbas - January 29, 2013 | Tickers: CAT, JOY, MTW, OSK, TEX
The bears believe that Construction and Mining equipment manufacturers had a tough 2012 given lower-than-expected growth in Chinese GDP. On the other hand, bulls have got solid points to defend a strong 2013. Investors are desperately waiting for their earnings releases in order to judge who is right; the bears or the bulls?
Before discussing the earnings preview of different players in this industry, I would like to list the more »
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This Out-Performer Could Slow Down in 2013
By Neha Chamaria - December 28, 2012 | Tickers: CAT, DE, MTW, MCD, TEX
You bought a stock in January 2012, and forgot all about it. Six months later you dug it out to calculate your returns, and realized the stock gave you nothing! But what you missed is the sharp swing in share prices in between – a whopping 60% surge by February alone.
Fast-forward to December 2012, and you’d be sitting at neat profits of 58% year-to-date, if you still hold the more »
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Construction Equipment Roundup: Buy This Stock
By David Gould - December 10, 2012 | Tickers: DE, LNN, MTW
If the drought has you thinking about investing in agricultural stocks, I recommend looking at several variables: growth, multiples, and catalysts. More importantly, it's important to consider the long-term and whether multiples can sustain their current levels or even expand. Below, I review 3 stocks with this in mind.
Why You Should Buy Deere (NYSE: DE)
The maker of agricultural construction equipment trades at a respective 11.2x and more »
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Illinois Tool Works Sold Low to Go High
By Josef Ray Dagatan - November 28, 2012 | Tickers: CBE, GGG, ITW, MTW
Strong demand for construction materials, welding equipment and restaurant supplies in North America contributed to Illinois Tool Works' (NYSE: ITW) higher-than-expected profit growth last quarter despite languid international markets. Financial analysts said the demand was further boosted when ITW marked down prices of its raw materials last month, leading to a significant increase in its sales throughout the United States. From $507 million in the same period of last year more »
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Why Staying Away From This Stock Makes Sense
By Neha Chamaria - November 9, 2012 | Tickers: CAT, DE, MTW, MCD, TEX
They thought it will emerge unscathed from global slowdown and prove better than peers. It failed them miserably. A victim of unreasonable expectations, I must say.
Manitowoc (NYSE: MTW) tanked as it missed analyst estimates on both top and bottom lines by wide margins – something I had predicted would happen. Slashed full-year outlook only added fuel to the fire. Peers Caterpillar’s (NYSE: CAT) and Terex’s (NYSE: TEX) muted more »
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Why This Stock Could Continue its Downfall Next Week
By Neha Chamaria - October 31, 2012 | Tickers: CAT, MTW, MCD, TEX
After Caterpillar’s (NYSE: CAT) slashed full-year outlook and Terex’s (NYSE: TEX) beaten down numbers, expectations from Manitowoc ) shouldn’t logically be flying too high. The construction and foodservice equipment maker is set to ring the earnings bell next week Monday. Will it deliver?
The Street expects Manitowoc’s revenue to be 12% higher from the year-ago period, and earnings per share to shoot up a staggering 61%. That more »
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3 Stocks to Avoid After This Bellwether Cuts its Outlook
By Meena Krishnamsetty - October 23, 2012 | Tickers: CAT, CMI, DE, JOY, MTW |
Caterpillar (NYSE: CAT), the world’s largest producer of heavy equipment, showed strong growth last quarter, posting EPS that was up almost 50% from the prior quarter. Company sales were driven by new equipment purchases in both North America and Asia, with sales up 9% and 8% quarter over quarter, respectively. The company’s stock was up as high as 2% on the news, but our question is how should more »
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The Best Construction Equipment Maker for Income Investors
By Anh HOANG - October 19, 2012 | Tickers: CAT, MTW, TEX
Buy low, sell high! Investing is that simple. But the majority of investors often do the opposite, because human beings in general are quite emotional. A large price decline will make us scared, and cause us to sell without thinking about the fundamentals. This crowd effect creates opportunities to buy good stocks at ridiculously cheap prices. As a value investor, I often begin my search for suitable investments by looking more »
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