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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (32727)11/11/2008 8:23:15 PM
From: E_K_S  Read Replies (3) of 78644
 
Here is your list as shown by Yahoo summary. I have added OSKOSHKOSH CP (NYSE:OSK) which acquired JLG one of my favorites. I was surprised to see that OSK's PE is 5.6 and pays almost a 6% dividend. Are you familiar with OSK?

All of these picks are selling at less than 10PE and seem to be in the "value" zone.

finance.yahoo.com

I guess I will have to build a basket of these stocks and start buying some small positions. My criteria is sustained dividend payers greater than 4%. I just do not want to see dividend cuts at this stage. CAT and OSK meet my criteria. Maybe OSK may be the better buy here.

finance.yahoo.com^gspc;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

30% of OSK's sales are outside the US and they are working on developing their Chinese sales division. They did complete a $10.6 million sale of snow removal trucks for Beijing International airport recently. Oshkosh Truck Corporation Announces Order for 26 H-Series(TM) Snow Removal Vehicles for Beijing Capital International Airport investor.oshkoshtruckcorporation.com

MANITOWOC CO INC (NYSE:MTW) is selling near it's two year low (PE is 3.5) and has the potential to be a multi-bagger. I think I like CAT better as it yields almost 5% and is trading at a 6 PE. It still may be early in the cycle for any of these companies but if an Obama administration passes a US infrastructure spending bill, it could be off to the races for any of these companies.

EKS
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