Friday, December 14, 2012

Investopedia: Joy Global And The Coal Conundrum

While it's hardly news that investors have sold all manner of heavy industrial OEMs as 2012 has progressed, and Joy Global (NYSE:JOY) has been hit a litter harder than most. Without the offsetting construction or agriculture businesses of Caterpillar (NYSE:CAT) or Deere (NYSE:DE), or the industrial compressor business of Atlas Copco (OTC:ATLKY), Joy Global shares have had a tough year. Although this large mining concern ended its fiscal year on a relatively positive note and valuation is not particularly demanding, these shares figure to be more volatile than average as investors guess about the timing of the eventual coal recovery.

Please read more here:
http://www.investopedia.com/stock-analysis/2012/Joy-Global-And-The-Coal-Conundrum-JOY-CAT-DE-ATLKY1214.aspx

No comments: