It was almost a year to the day when I last wrote on material handling company Terex (TEX).
I was positive on the stock at that time, and the stock did outperform
over the past year (up nearly 27%). Like so many other industrial/heavy
machinery names, though, I find myself asking if investors have been too
eager to factor a strong global economical recovery into the numbers.
While I still think Terex has a good business and a solid management
team, a lot seems to be riding on businesses that have a lot of exposure
to the still-feeble European economy.
To read more, please follow the link below:
Terex Needs More Balanced Growth To Head Higher
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