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$48.20 -3.24 (-6.30%)
9/8/2008 11:44 AM

Joy Global, Inc. (JOYG)

CAPS Rating:
****

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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Avatar mathieugp (< 20) Submitted: 3/15/08 7:00 PM : Outperform Start Price: $71.08 JOYG Score: -25.10

When the value of the mining commodities soar, there is an increase in research and production of those commodities. This is surely a good company if you want to profit from the increase of production of copper and oil sands, two very profitable commodities to extract right now. Companies that extract those two commodities will need more equipment because they will want to get their resources on the market ASAP to profit of high prices, they will also need services for reparation and annual check-up on that equipment... Joy Global offers these services, they will enjoy increased production in the mining industry and this is and industry that will increase by great amount the actual production.

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