Please ensure Javascript is enabled for purposes of website accessibility

Will Manitowoc Company Inc. Stock Recover in 2016?

By Neha Chamaria - Jan 20, 2016 at 11:02AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Why the chances of a revival in Manitowoc stock look dim.

The U.S. construction markets may have picked up in 2015, but they failed to propel the stocks of construction-equipment companies. From crane specialist Manitowoc Company (MTW 2.01%) to the more diversified Terex (TEX 6.30%) and the industry leader Caterpillar (CAT 2.52%), it was a sea of red.

MTW Chart

MTW data by YCharts.

While the implications of a pending merger with Finnish equipment manufacturer Konecranes weighed down on Terex's stock, it's interesting to note that Manitowoc took a bigger hit than Caterpillar last year, despite the latter's significant exposure to the struggling mining and oil and gas industries. In fact, Manitowoc continues to underperform Caterpillar this year.

Why is Manitowoc under such tremendous selling pressure? More important, could the stock reverse its downfall from here? Find out in the slideshow below. 

Neha Chamaria has no position in any stocks mentioned. The Motley Fool recommends Terex. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

The Manitowoc Company, Inc. Stock Quote
The Manitowoc Company, Inc.
MTW
$11.16 (2.01%) $0.22
Caterpillar Inc. Stock Quote
Caterpillar Inc.
CAT
$190.72 (2.52%) $4.69
Terex Corporation Stock Quote
Terex Corporation
TEX
$36.49 (6.30%) $2.16

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
390%
 
S&P 500 Returns
125%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/11/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.