Monday, December 2, 2013

Seeking Alpha: Manitex Wobbles A Bit, But Still A Share-Gaining Industrial Growth Story

Even a share-gaining growth story can run ahead of its end markets for only so long. Sluggish markets like energy and construction finally caught up to Manitex (MNTX) in the third quarter, as the company posted its weakest revenue growth number in quite some time. Even so, the company continues to do pretty well relative to large rivals like Terex (TEX) and Manitowoc (MTW), and the upcoming introduction of a 70-ton crane, as well as on the ongoing improvement in the CVS container-handling business, should bolster results in the coming years.

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Manitex Wobbles A Bit, But Still A Share-Gaining Industrial Growth Story

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