Titan Machinery (NASDAQ:TITN)

CAPS Rating: 4 out of 5

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Player Avatar redheadedamoeba (< 20) Submitted: 9/10/2012 2:40:08 PM : Outperform Start Price: $19.86 TITN Score: -14.89

The drought squeezed but did not wipe out their profits. They've adjusted their business mix for future growth; especially the increased emphasis on rentals is a good move. With the general uneasiness of the economy, specialized construction equipment as rental is likely to be an attractive alternative to the enormous capital investment required for outright purchase. They've used the declines in others' businesses to acquire some good locations. And the growth is pretty much across the board--the existing stores have not been neglected either.

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