Industrial companies have been reporting pretty grim results for the 2012 calendar fourth quarter, and guidance for the first half of 2013 isn't looking particularly strong either. The market being what it is, though, investors are looking past these current difficulties and already baking in their assumptions of a solid recovery. As Sauer-Danfoss (NYSE:SHS) was one of the first ag/construction equipment companies to see significant weakening, I think the company's relative stability could be a sign of improving conditions, and I think there is still room for these shares to go higher.
A Fourth Quarter That Really Wasn't So Bad
By no means was this a banner quarter for Sauer-Danfoss, but it really wasn't all that bad on...
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