Manitowoc Company (MTW)

Currently trading at lifetime low P/E ratio and still generating revenue gains while increasing margins. Furthermore, the price of steel is following the trend of other commodities and moving downward while governments in America, Canada and Europe have announced infrastructure development programs designed in part to counter job loss and economic stagnation.

at its current price it has no where to go but up. if u can get in at around 5bucks a share i dont think u can go wrong.

I have a real understanding of this company. 2008 was a record year for their GROVE Worldwide division. 2009 projections were scaled back to 2008, what does that tell you. This company builds some of finest equipment in this market. Their brand loyalty is unmatched and with the price at this level, this is one for the record books on future returns!!!

Manitowoc's Crane division registered a backlog of $2.88 billion at the start of 2008. These orders are expected to be filled by year's end. Manitowoc sees the demand continuing through at least 2009.

Manitowoc's business is largely driven by demand for cranes. As global economic growth continues to show strength, construction spending will likely keep pace. The building of commerical and residential high-rises will benefit Manitowoc.

Emerging Markets are investing billions into developing new infrastructure. This growth should support demand for cranes over the next several years.

Excellent turnaround situation once the economy (and building) gets back on its feet. Also, restaurant supply divisions should do well over time.