Joy Global, Inc. (NYSE:JOY)

CAPS Rating: 4 out of 5

Manufacturer and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores. The Company's equipment is used in major mining regions throughout the world to mine coal, copper, iron ore, oil sands & other minerals

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Player Avatar Nehams (29.22) Submitted: 3/8/2013 10:17:54 AM : Outperform Start Price: $58.79 JOY Score: -14.57

Joy Global isn't sitting on its hands while the Chinese mining markets take time to revive. It is hauling up operations, improving margins, and cleaning up its balance sheet. In short, a leaner and stronger Joy Global is on its way, to arrive bang on time as the markets pick up. Takeover rumors are getting hotter too. At a P/E that's close to its 5-year average, long-term investors should see a lot of value in this company when business cycles turn.
http://beta.fool.com/nehams/2013/03/03/why-you-cant-rule-out-big-gains-from-this-stock-in/26132/

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