Wednesday, July 18, 2007

CRANES, FOOD, & MARINE = MANITOWOC INC COM (MTW: NYSE)

DIPfolio starting a position at $82.


Low:
81.73



taking the $80 to $100 cramer logic....Global Growth, ....Builders need CRANES!!



http://www.manitowoc.com/


lets get those 5% and 10% gains on this one!

8 comments:

Anonymous said...

Cramer called out Terex (TEX) as his 80-120 play. For what reason is BOTD picking up MTW instead? Both operate in this industry and are main competitors of one another. Are we buying today as a result of a larger dip in MTW than TEX? Has Cramer pumped up TEX too much already making MTW a more attractive buy?

Thanks BOTD, you guys rock!

Anonymous said...

What about some $80.00 option call? MTWHP.X is down $2.30 to $5.20 and expires in Aug.

Is this BOTD option-worthy?

Anonymous said...

Isn't MTW already trading higher than cramer pumped TEX which gained some last week. MTW trades at 26 times earnings and TEX at 22! even after cramer pumping. I'ld buy TEX in the industry even though MTW dipped a today. The FPE is also lower for TEX.

Anonymous said...

i'd just buy more CAT!

Anonymous said...

Buy CAT prior to earnings? I feel like I missed the boarding and the plane has already taken off. The global construction boom will continue to demand top quality earth movers but how much higher can CAT go? Cramer called this one as well on his 80-120 special, is 120 attainable? Is it worth jumping in now on the slight pullback?

Anonymous said...

FROM MAD MONEY LAST NIGHT:

Caterpillar (CAT - Cramer's Take - Stockpickr): "It is one of my $80-to-$120 stocks, a very popular series that I think is working and working still." Cramer said that if you want to buy 100 shares, "buy 50 before the quarter ... and then pull the trigger" on 50 after. Cramer owns Caterpillar for Action Alerts PLUS, his charitable trust.

Anonymous said...

BRITTANY? ....why you copy BOTD?

http://videoplayer.thestreet.com/?clipId=1373_10368980&channel=Market+Strategy&cm_ven=YAHOO&cm_cat=&cm_ite=&puc=yahoo&ts=1184897125046

check out the Manitowoc reco....hmmmmm....she hot too! ...can we have some Brittany on the dip?

Anonymous said...

MANITOWOC, Wis., July 19 /PRNewswire-FirstCall/ -- The Manitowoc Company, Inc. today announced that it has acquired Shirke Construction Equipments Pvt. Ltd. Headquartered in Pune, India, Shirke is a market leader in the Indian tower crane industry and has been Potain's Indian manufacturing partner and distributor since 1982. Terms of the transaction were not disclosed.

"This transaction solidifies Manitowoc's position in one of the world's fastest-growing construction markets," said Glen E. Tellock, president and chief executive officer of The Manitowoc Company. "By acquiring Shirke, Manitowoc furthers its mission of bringing manufacturing and service closer to the customer. With growing demand for infrastructure and industrial expansion projects, India is an excellent addition to our manufacturing base."