Market Trend Signal – Trend Following Stocks -Terex Corporation TEX
Terex Corporation operates as a diversified global manufacturer. The company manufactures a range of equipment for use in various industries, including the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining, and utility industries. It also offers a line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. The company operates in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, and Terex Materials Processing & Mining. Terex Aerial Work Platforms segment offers material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, telehandlers, construction trailers, trailer-mounted light towers, power buggies, portable generators, and related components and replacement parts.
Terex Construction segment provides heavy construction equipment, including off-highway trucks, scrapers, hydraulic excavators, large wheel loaders, and material handlers; and compact construction equipment, including loader backhoes, truck-mounted articulated hydraulic cranes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, and wheel loaders. Terex Cranes segment offers mobile telescopic cranes, tower cranes, lattice boom crawler cranes, truck-mounted cranes, and telescopic container stackers, as well as replacement parts and components. Terex Materials Processing & Mining segment provides materials processing equipment, hydraulic mining excavators, highwall mining equipment, high capacity surface mining trucks, drilling equipment, and related components and replacement parts. The company sells its products through dealers and distributors; and leases and rents equipment to third parties. It was formerly known as Terex U.S.A., Inc. The company was founded in 1925 and is based in Westport, Connecticut. (source)
TEX Currently has a BUY Signal
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