Terex Corp (NYSE:TEX)

big5

this company is organizing now for global infrastructure build.

Should do nicely and good entry.

Thanks, Irene. But this was oversold already. Buyout candidate?

Chris Barker
http://www.fool.com/investing/general/2011/07/22/terex-returns-to-terra-firma.aspx

Stock will continue go up.. in $40+ in 3 months

Profile
Terex Corp.
200 Nyala Farm Road
Westport, CT 06880
United States - Map
Phone: 203-222-7170
Fax: 203-222-7976
Website: www.terex.com

Details
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Industrial Goods
Industry: Farm & Construction Machinery
Full Time Employees: 15,900

Business Summary
Terex Corporation manufactures machinery products, equipments, and related replacement parts and components for the construction, infrastructure, quarrying, shipping, transportation, power, and energy industries. The company?s Aerial Work Platforms segment provides aerial work platform equipment, telehandlers, light towers, and utility equipment. Its products include material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, telehandlers, truck-mounted digger derricks, and aerial devices and cable placers Its Construction segment offers compact construction equipment, such as loader backhoes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, and wheel loaders; and landfill compactors and bridge inspection equipment, and roadbuilding equipment comprising asphalt and concrete equipment, including pavers, transfer devices, plants, mixers, reclaimers/stabilizers, placers, and cold planers. The company?s Cranes segment provides mobile telescopic cranes, tower cranes, lattice boom crawler cranes, truck-mounted cranes, and specialized port and rail equipment, including straddle carriers, gantry cranes, mobile harbor cranes, ship-to-shore cranes, telescopic container stackers, lift trucks, and forklifts. Its Materials Processing segment offers crushers, washing systems, screens, apron feeders, and related components and replacement parts. The company also provides financial products and services to assist in the rental, leasing, and acquisition of Terex equipment. Terex Corporation sells its products through dealers and distributors; and leases and rents equipment to third parties. The company, formerly known as Terex U.S.A., Inc., was founded in 1925 and is based in Westport, Connecticut.

***All above information from YAHOO FINANCE***

Why be happy with a company that lost money from continued operations and sold off a piece of their profitable business? When construction really picks up, then feel excited for this business. Or if someone wants to buy them out, like Toyota. Toyota already makes industrial forklifts and this could be a natural fit.

Terex is adiversified global company and the recovery will be strong, in infratrusture this time.

Growth potential.

I think China's insatiable demand for steel will keep the iron ore miners such as Vale and BHP busy for years, and eventually orders for the giant trucks that Terex makes for open pit mines will start to pick up.

Better liquidity position now....business improving and cost cutting and inventory management initiatives will pay off great during recovery. Also, replacement cycles for their equipment should come soon....people can't keep using old stuff for too long.

not in for the long term if its more than a year,

Like CAT this company will see great rises in its equity because the developing world will continue to develop and the US government will spend on infrastructure to stimulate growth. Great price right now.

Economy turning and stimulus spending to continue

insider buying

As the economy improves,there will be more need for Texex products.

To me this stock os cheap and poised. We are currently in a global recession. As my friend in the AU says, when the US sneezes, the rest of the world catched a cold. No arogance here, but before anything can start to really move up, equipment needs have to be met, and with this case, the bigger the better, and Terex is big...

Taking a beating due to the economy. Will recover. Dirt cheap right now.