John L.

Terex: Overlooked Bargain

This is an infrastructure and mining play where most profits will be made in the developing countries.

They make more than cranes, they make road making equipment, trucks used in mining operations, lift devices for utilities, frankly, they have a very diverse range of products.

Probably are suffering from the credit crunch since customers need to borrow to buy their equipment. As this subsides, they should start growing again like crazy.

Some folks have said they have the same potential as a Joy Global or a Bucyrus but they have a much more diversified market than these 2 equipment makers.