$50.40 -0.47 (-0.92%)
11/6/2009 4:00 PM

Bucyrus International, Inc. (BUCY)

CAPS Rating: 4 out of 5

Designs, manufactures and markets draglines, electric mining shovels and rotary blasthole drills used for surface mining and provide the aftermarket replacement parts and service for these machines.

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Member Avatar BSHumphreyII (93.38) Submitted: 12/28/2008 5:46:01 PM : Outperform Start Price: $18.05 BUCY Score: +154.25

Considering its explosive earnings growth, Bucyrus is absurdly cheap right now at less than 6 times earnings. Seriously, it's trading at less than 1.5 times its book value. I know commodities have crashed, but that doesn't mean every mine in the world is going to close up!Contracts with multi-national mining corporations will keep Bucyrus in business until commodities recover and its customers begin to expand operations again. This is as sure a double as you're likely to catch next year, assuming they aren't taken over first. Can't lose.

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