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 $9.1 billion was generated outside the U.S ....
Terex is positioned to grow amid tougher economic trends" with a 53% order backlog of $4.1 billion...."- Stock Article Link
It has a lot less debt than Caterpillar (CAT) and Deere (DE). It made $663 million net income last year with a current enterpise value of $5.17 billion. That's an initial rate of return close to 13%. It has a p/e of 6 but has a 14% growth rate! When the growth rate is twice the p/e, that signals a bargain.
More bullish comments on Terex and Manitowoc (MTW) - Stock Article Link
$48.7 (08/24/08)
