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 NoblyNaive (83.64) Submitted: 2/26/2013 12:43:20 PM : Outperform Start Price: $58.73 JOY Score: -28.27

Solidly managed company with aggressive attitude towards expansion and execution, and a good balance sheet. Exposure to energy prices, due to 40% of weighted customer base mining coal; so lapse in the global recovery could hurt on this choice. Still, there seems to be a lot of consensus among wallstreeters and Fools for "outperform." Stock price has been punished by the market recently. As of Feb 26, 2013, Renko chart shows local correction in what appears to be general stock price recovery (i.e., good time to jump on the train).

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