|
|
News Breaks | | | | October 28, 2012 | | 18:13 EDT |  | CMCO, HY, CASC, NC | Hyster-Yale Materials stock could rise 25% in 18 months, Barron's says
Spun off from industrial conglomerate NACCO Industries (NC) last month, shares of Hyster-Yale Materials Handling (HY) are far off the radar -- followed by only one analyst and thinly traded. But this is no marginal company. It is one of the leading makers of lift trucks in the world, with 25% of the U.S. market and 8% worldwide. Management is streamlining operations, making it more competitive, and it could help shake off its 20% discount to peers, including Cascade (CASC) and Columbus McKinnon (CMCO), Barron's contends. Over the next 18 months, Hyster shares could climb 25% or more. A dividend announcement or an acquisition could be a catalyst for the stock. Reference Link | |
|
News For HY;NC;CASC;CMCO From The Last 14 Days Check below for free stories on HY;NC;CASC;CMCO the last two weeks. |
|
|
| There are no results for HY;NC;CASC;CMCO |
|
|
|
|
|
|
