It was almost a year to the day when I last wrote on material handling company Terex (NYSE: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.
Closing The Year On A Disappointing Note
When Terex announced earnings last week, the company disappointed the Street....
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