User 218471

Manitowoc Offers Investors Growth at a Discount

People that think that Manitowoc didn't fall because of Enodis are out of their minds, it's pretty obvious to anyone looking at the headlines and the stock chart.

To answer the question that I don't own MTW right now, I am just long the stock and don't have any free cash to make an investment... no fault for owning Deere!

Terex has it's own problems. The fact that you are justifying that Terex fell by the same percentage as MTW would imply that you think the stock deserved a 0% hit from acquiring Enodis. The fact that they sold off the same percentage while Manitowoc acquired a major company and Terex did not simply speaks my case further for MTW... as investors obviously feel that it is a strong company underneath.

Again, I never bashed TEX... which I think is a solid company. I believe that TEX is a shoddier company than MTW and people looking solely at figures will never understand that. This article is about MTW, so there is only reason for me to compare and determine relative strengths versus Terex rather than try to recommend both companies for purchase.

As davemcc said, they did in fact take their eyes off the ball with Enodis. I totally agree, but I am arguing the fact that the reaction was overdone, thus leaving the underlying company severely undervalued for their growth. Any debt left about can and will be delt with at a later time, a bad D/E ratio isn't the end of the world... and people need to realize this.

Thanks for the commentary, interesting points of view here.