Joy Global (JOY) carries P/E and price-to-book ratios at five-year average lows, and slack...

|About: Joy Global Inc. (JOY)|By:, SA News Editor

Joy Global (JOY) carries P/E and price-to-book ratios at five-year average lows, and slack global demand has been priced into the stock, earning praise from AAII's Charles Rotblut as his "buy of the week." JOY is a "very fundamentally sound company," he says; if it returns to its average P/E of 14.7, “we’re looking at 65% upside” - sufficient reason for investors to be patient.