Hyster-Yale Offers Appealing Blend Of Value And Growth

Jul. 10, 2024 6:32 AM ETHyster-Yale, Inc. (HY) StockHY5 Comments
Jason Ditz
1.26K Followers

Summary

  • Hyster-Yale is a global lift truck manufacturer with strong recent earnings and potential for future growth.
  • The company's subsidiary, Nuvera, focuses on alternative power technology, contributing to overall growth.
  • Hyster-Yale has been beating earnings estimates consistently, showing potential for sustained growth and value for investors.

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While there is an inherent appeal in going after stocks in the lower half of the 52-week range, trying to get a discount in the old ‘buy low sell high’ practice, it doesn’t always work. Sometimes, the market is already starting to appreciate a

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1.26K Followers
I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraft. I have been writing investment analysis, with a focus on deep-discount value plays, for over 25 years. I I got my start analyzing securities for a stock-picking contest on the now defunct StockJungle in college. After winning one of the top prizes for quarterly performance, I was hired to write a monthly article about micro-cap stocks, again with a value perspective. After StockJungle went belly-up, with its focus on momentum investing, I started to take a close interest in the contrarian investment philosophy of David Dreman. I began writing for Motley Fool and ultimately Seeking Alpha. My goal is to find underappreciated companies with a focus on returning value to investors.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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