Is Now a Good Time to Scoop-Up Shares of Joy Global?

Filed under: Stocks to Buy

The shares of Joy Global Inc. (JOYG), first discussed here on June 15, 2009 at a price of $38.05, have pulled-back in-sync with the Dow's recent downdraft, but that doesn't change the company's promising future. Here's why:



A manufacturer and servicer of mining equipment, Joy Global is on-track to capitalize on the development of emerging markets, and that should drive impressive gains in orders, revenue, and margins. Even with sovereign debt issues clouding the European GDP growth story, global GDP growth still should be adequate, with impressive growth in Asia, provided Europe's woes do not substantially decrease the supply of credit globally.

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Is Now a Good Time to Scoop-Up Shares of Joy Global? originally appeared on BloggingStocks on Mon, 07 Jun 2010 17:00:00 EST. Please see our terms for use of feeds.

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Joy Global - Asia - Mining - Business - BloggingStocks

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