Hyster-Yale Materials Handling, Inc. (NYSE:HY)

bes0m3b0dy (70.81) Submitted: 3/19/2013 9:16:41 PM : Start Price: $55.24 HY Score: +0.04

Strong balance sheet with 1.5x the amount of debt in cash. Leader in the business of lift trucks, while not glamorous, but well poised to expand in the improving economic conditions in the Americas, where it gets 2/3 of its revenue. At a P/E ratio of 9 and well-positioned to grow domestically and globally, this recent spinoff is a quality company that is cheap.