Wednesday, June 19, 2013

Seeking Alpha: Manitex Still Delivering Growth Investors Can Look Up To

About six months ago, I profiled an up-and-coming small-cap heavy equipment company that I thought had above-average potential. Since that report, Manitex (MNTX) has moved up about 30% and significantly outperformed rivals like Terex (TEX), Manitowoc (MTW) and Manitou, not to mention the S&P 500. Although I do have some concerns about the slowdown in the energy sector and the company's ability to generate consistent long-term operating and cash flow leverage, I believe this stock remains sufficiently undervalued to be a good buy today.

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Manitex Still Delivering Growth Investors Can Look Up To

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