Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Strong results from Deere
So what: Several direct peers rallied as well. Manitowoc
Now what: Numbers speak to the opportunity. A recent estimate from Global Industry Analysts says demand in Asia will rise 7.8% annually from now till 2017, at which point it pegs the entire market will be worth $122.9 billion. Do you trust that projection? Would you buy shares of Terex at current prices? Please weigh in using the comments box below.
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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