DAG Investments
Long only, value, growth, long-term horizon

Manitowoc Update: Targets Achieved, More To Go

"The best stock to buy is the one you already own."

― Peter Lynch

That gem of wisdom is among my favorites and I think it's even more true than usual in the current market environment. I explain why I believe that in a 2013 Performance & 2014 Updates summary article, which this article is spun off from. Here, I'll detail why I think the idea applies to this stock.

Performance Summary

Manitowoc Company (NYSE:MTW) 9/27/2013 call

[up ~25% from published call, up ~112% from initial buy/call]

Having closed at $23.99 yesterday, MTW has reached both of my price targets right on schedule, making it among my most accurate published calls thus far, despite the fact that I...

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