Top 10 Machinery Companies To Own In Right Now

Top 10 Machinery Companies To Own In Right Now: Terex Corporation(TEX)

Terex Corporation manufactures capital goods machinery products worldwide. Its Aerial Work Platforms segment offers portable material lifts, portable aerial work platforms, trailer-mounted articulating booms and light towers, self-propelled articulating and telescopic booms, scissor lifts, telehandlers, and bridge inspection and utility equipment under the Terex and Genie brands. The company?s Construction segment provides off-highway trucks and material handlers; loader backhoes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, wheel loaders, and tunneling equipment; and asphalt and concrete equipment, and landfill compactors principally under the Terex name. Its Cranes segment offers mobile telescopic and tower cranes, lattice boom crawler and truck cranes, and truck-mounted cranes; and straddle and sprinter carriers, gantry cranes, ship-to-shore cranes, reach stackers, empty and full container handlers, and genera l cargo lift trucks under the Terex brand. The company?s Material Handling and Port Solutions segment provides standard and process cranes, rope and chain hoists, electric motors, and light crane systems; and crane components and port equipment, such as mobile harbor and automated stacking cranes, and automated guided vehicles, as well as terminal automation technology, including software under the Demag and Gottwald names. Its Materials Processing segment offers crushers, washing systems, screens, apron feeders, chippers, and related components and replacement parts under the Terex and Powerscreen brands. The company provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. It serves construction, infrastructure, quarrying, mining, manufacturing, shipping, transportation, refining, energy, and utility industries through dealers, rental companies, direct sales, and major accounts. The company was founded i! n 1925 and is based i n Westport, Connecticut.

Advisors' Opinion:

• [By Ben Levisohn]

  Wolfe Research’s Chris Senyek and team believe the turmoil in emerging markets will continue in the weeks ahead and offer a list of stocks that were hardest hit during previous spikes in EM volatility during the past four years. They include Alpha Natural Resources (ANR), Cliffs Natural Resources (CLF), Terex (TEX), and Citigroup (C). The EM turmoil shouldn’t keep the S&P 500 from posting a gain this year, however, Senyek says. He writes:

• [By Jeremy Bowman]

  What: Shares of Terex (NYSE: TEX  ) were collapsing today, falling as much as 16% after cutting its forecast for the quarter and full year.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-machinery-companies-to-own-in-right-now-2.html