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Will Manitowoc Finish 2012 on a High Note?

Dan Caplinger
July 9, 2012

With half of 2012 in the record books, it's important to take a look at whether the stocks that interest you can live up to their full potential. By making sure you know about a company's future plans and possible challenges, you can make a better decision about whether it's a smart investment for your portfolio.

Today, let's take a look at Manitowoc (NYSE: MTW  ) . As we saw in our look at Manitowoc last month, the crane builder and food-service equipment provider has seen plenty of ups and downs so far this year. But as it faces new challenges from slowing economic growth around the world, can it find a way to go higher and stay higher? Let's take a quick look at Manitowoc's prospects for the rest of the year and beyond.

Stats on Manitowoc

Average Stock Price Target $16.35
2012 EPS Estimate $0.79
2013 EPS Estimate $1.45
2012 Sales Growth Estimate 11.1%
2013 Sales Growth Estimate 12%
CAPS Rating (out of 5) ****

Source: Yahoo! Finance.

What will the rest of 2012 bring for Manitowoc?
The construction industry has been hot, and so you'd think that Manitowoc would have benefited greatly from surging global construction activity in recent years. But unlike Caterpillar