Monday, March 06, 2006

Heavy machinery moves

The best performing stock in the Dow Jones Industrial Index is Caterpillar (CAT). It has out-performed the broad market by 25% in the past quarter. But other heavy machinery stocks are moving, too. Last week was positive for these bullish stocks: CAT up 2.6%, JLG Industries (JLG) up 7.1%,  and CNH Global (CNH) up 5.1%. Deere & Co. (DE) is trading very near its 52-week high, as well. The best performers over the past 13-weeks are Manitowoc (MTW) which is up 48% in the past 13-weeks, and CNH up 50% over the period. CNH has been a Stock Trends Pick of the Week for the past three weeks and is currently a Bullish Crossover stock.
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