Investopedia: Familiar Challenges Show Up For Manitowoc Too

Investors who have been following developments in the construction equipment and foodservice industries probably weren't too surprised with Manitowoc's (NYSE:MTW) third quarter, even if results were lower than the sell-side analyst averages. Order trends still point to an ongoing recovery in the crane business, and the food equipment business is still solid, but 2013 could be challenging on both sides. Manitowoc's shares do look undervalued today, but investors considering the shares cannot afford to ignore the above-average risks here, nor the extent to which share performance will be tied to macroeconomic developments.

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