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This Quarter's Sentiment:
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SocialPicks Community
Terex - Steady On
TEX
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+6.39%
in
14 days
(closed on 10/29/09)
Share price has been rising as if all were well in the world and particularly at Terex. Hmm! MeanwhileTerex will not make any money this year and probably not next year. Even in the good times their operational margins were poor compared to their competitors ... <font> <> Like Gordon Brown’s government, Terex is currently trying to take credit for suddenly doing all the good management things that arguably it should have been doing all along. Of course few could have foreseen the scale of the current economic collapse that has impacted all business lines, but Terex went into the pr<>>><>><>><>><>><>>...
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Bullish on TEX ...
TEX
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-59.49%
in
456 days
<> Terex is a global manufacturer of a broad range of heavy-duty trucks, mobile cranes, and aerial platforms used mainly in infrastructure construction, such as highway and road-building, and surface mining. And more important, some 70% of Terex's total 2007 revenues of $9.1 billion was generated outside the U.S... Terex is a global manufacturer of a broad range of heavy-duty trucks, mobile cranes, and aerial platforms used mainly in infrastructure construction, such as highway and road-building, and surface mining. And more important, some 70% of Terex's total 2007 revenues of $9>...
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TEX
TEX
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-72.77%
in
568 days
Demand for cranes is increasing, and new infrastructure initiatives set Terex up for solid returns as the global market stabilizes later this year. Combine that with S&P's recommendation and things look pretty good here.
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Bullish on TEX ...
TEX
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-68.43%
in
602 days
Love thier fin. #s, preorders/backlog, still feel weakness in industrial support/machinery, but long term should be great.
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Great play on the impending recovery
TEX
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-69.26%
in
625 days
A company that manufactures equipment for Mining, oil, building, and infrastructure that has been beaten up but still makes money. How can you go wrong? This is my favorite type of company since I believe the recessions are generally short lived and government spending on infrastructure is inevitable. This might have a bumpy ride for the next few months, but should be a winner by election time. P/E around 11 near historic range for this type of company leads me to believe that it is fairly valued for this economy but should accelerate going forward.
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From the Blogosphere
Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names
TEX
-11.21%
in
13 days
Filed under: China, Market matters, Caterpillar (CAT), Schlumberger Limited (SLB), Bank of America (BAC), U.S. Steel (X), Nucor Corp (NUE), Toll Brothers (TOL), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Wells Fargo (WFC), Stocks to Buy, Burlington Northern Santa Fe (BNI), Cramer on BloggingStocks TheStreet.com's Jim Cramer says at least one country is getting it right when it comes to economic stimulus.
How in the heck can you get 16% industrial growth and lowe...
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Is KHD Humboldt Wedag the Ultimate Emerging Market Value Play?
<>Until this article at Realmoney.com, I'd never heard of KHD Humboldt Wedag (KHD). KHD owns companies that operate internationally in the industrial plant engineering and equipment supply industry, and specializes in the cement processing industries. They have a negative enterprise value meaning that cash in the bank outnumbers the market cap. This is a pretty rare situation especially considering they are basically a emerging markets play with 95% of their backlog in Russia, Eastern Europe, Asia (mainly India), and the Middle East.
Back to why this stock made my radar. They fall into the sam>...
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Options Update: Terex volatility low into EPS and machinery-pricing outlook
Filed under: Options Terex (NYSE: TEX) closed at $13.66. TEX is expected to report Q2 EPS on July 23. TEX August option implied volatility is at 67, September is at 65; below its 26-week average of 86, according to Track Data, suggesting decreasing price movement. <>iShares Trust FTSE/Xinhua China 25 Fund (NYSE: FXE), an index fund that seeks investment results that correspond generally to the price and yield performance of the FTSE/Xinhua China 25 Index, closed at $40.72. FXI August and September option implied volatility of 37 is below its 26-week average of 55, according to Track Data, sugge>...
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Terex to Benefit from Increased Infrastructure Spending
We originally recommended Terex Corp. (NYSE: TEX) on May 16, 2008 at $71.48. The stock closed Friday at $12.67. (All figures in U.S. dollars.) All the machinery companies, and Terex in particular, were hit hard in the market crash. Since the March lows, the stock has doubled but it still has a long way to go before it reaches its highs of last year.
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Flood of Earnings Begin - Monday/Tuesday Preview
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Long time readers will know our love/hate relationship with earnings season. As information hogs we love more data; but as stock market participants we hate the massive overreactions to companies based on 90 days of business and a penny here or there in earnings per share, or +/- 1-2% of revenue on the top line. But this is the only game in town and if certain companies should win or lose 20-30% of their market value within seconds of the all important press release is not up to us; this is the market "we've" created. So we'll gap up or down in many individual stocks, and the market as a...
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