While the mining equipment made by this company is better suited for softer materials like coal than for diamonds, I couldn't resist a nod to the "Fab Four." After all, even a girl with kaleidoscope eyes could see that demand for mining equipment is scorching hot in this global commodities boom.
Wisconsin's Bucyrus International
Sales from the surface mining segment rose 41.3% year-over-year and offering up a nice dose of operating leverage. On a consolidated basis, the operating margin was 16%, which compares favorably with the 12.6% margin reported this week by competitor Terex
Fools who follow my coverage of this sector know I keep a close eye on backlogs. Among the mining equipment manufacturers -- especially Bucyrus, Terex, Caterpillar
In an environment for equities that is truly brutal, the persistently positive earnings from mining equipment manufacturers feel like an oasis in a world of earnings angst. Choosing a favorite among would be tough, but it's clear Bucyrus is smiling at tangerine trees and marmalade skies.
Now you know my thoughts on Bucyrus; how about sharing yours? Come join the free CAPS online community and share your views with a wonderful pool of talented individual investors.
Fool contributor Christopher Barker captains yachts and writes about stocks. He can also be found blogging actively and acting Foolishly within the CAPS community under the username TMFSinchiruna. He owns no shares in the companies mentioned. The Motley Fool has a disclosure policy.
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