Couple improving conditions in the largest-end market and solid progress with internal self-improvement efforts, and you have Oshkosh (NYSE:OSK) handily beating the Street's fiscal first quarter estimates and sitting close to a 52-week high. With the shares having doubled the return of the S&P 500 over the past year, it's hard to say that Oshkosh's performance has gone unnoticed, but if construction really is turning the corner and the company's MOVE plan stays on track, these shares should continue to beat the market.
Thumping Expectations On Strong Margins
Oshkosh management has been talking for some time now about its plans to deliver significantly better operating margins under its MOVE plan, with the Street generally responding with something like...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|