JOY S&P 500 P/E 11.98 and Forward for JOY is P/E 8.69 = $101. http://www.finviz.com/quote.ashx?t=joy Shorts will get burn.
KeyBanc analyst upgrades mining equipment maker Joy Global, says demand for commodities risingJOY is over sold, $90 very soon.
JOY to $88+ by next week.
Joy Global upgraded to Buy from Hold at KeyBancKeyBanc upgraded Joy Global citing solid global commodity production and favorable share risk/reward. Price target is $90. :theflyonthew
buy buy buy
It is a matter of time. I see more raelistic 90 range based upon earnings and the pe it trades at. Looking forward.