Hi, Paul -
If you chose Gehl last week, you made the right trade (at least, Gehl's up since your post, and New Holland is down).
I don't know anything about New Holland; I do follow Gehl. I continue to like Gehl, but I'm not adding to my position, although I would on any large, unwarranted pullback.
I think the latest jump is due to an analyst upgrade. I don't know who follows the stock, but the one analyst who does bumped it, at least going by what's reported by Yahoo. See:
quote.yahoo.com
Last week it was a 2 (Buy), this week a 1 (strong buy). Anyone who knows who that is, and why they upgraded it, please post.
Other than that, all I can offer is my post earlier this summer, when I was trying to puzzle out why Gehl's jumped so much more than Case. A small cap, like Gehl, will benefit proportionally more when business is strong, while the large cap will be hurt proportionally less during periods of weakness.
Good luck,
michael |
