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 (NYSE:MTW) to the more diversified Terex (NYSE:TEX) and the industry leader Caterpillar (NYSE:CAT), it was a sea of red.
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.