This is a $35 stock tops imo. The company has missed three quarters in a row and lowered guidance to boot. why would I want to own this stock with limited upside potential and an industry that is so so at best, when I can own a company like kors that has consistently beaten annalists estimates almost/every single time since their ipo and has a decent y/y growth rate and a very strong balance sheet?? If anything, tex should be trading at a discount to its fundamental value.
lol natuer idiot is back!!! Lets analyze your stupidity meter by looking at your facts
(1) he company has missed three quarters in a row and lowered guidance to boot. - True. Stupidity Quotient 0%
(2) an industry that is so so at best- Construction industry is so -so how? The growth rate has been fantastic for Terex since 2000.
Stupidity Quotient 20%
(3) hen I can own a company like kors that has consistently beaten annalists estimates almost/every single time since their ipo and has a decent y/y growth rate. lol Construction is a bad industry but apparel isn't? Apparel is the worst industry you can be in in terms of changes on a dime. Aropostale was growing 25% a year and in 1.5 years its declining 14% a year. Retail is one of the most unpredictable industries
Stupidity Quotient 50%
(4) A stock should trade at a discount to fundamental value
Hey professor james, you like to snipe at other people's posts and throw out facts, but I notice they never come to any conclusion.
Maybe you can make a simple short-term call for once.
Are you saying there IS a lot more upside for TEX from here?