Investopedia: Actuant Down To One Horse

Actuant (NYSE:ATU) is a tricky company to evaluate, given a pretty heterogeneous mix of markets and products. Nevertheless, it's following a pretty typical pattern for industrial stocks - slowdowns in Europe and China are pressuring growth and the company is increasingly dependent upon energy to drive near-term results. While Actuant will do alright if global industrial growth picks up as expected later this year, management's own guidance suggests that might not be as likely as the Street has been hoping.

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Actuant-Down-To-One-Horse-ATU-GWW-ETN-GE0625.aspx.