New building construction is a key economic indicator that analysts scrutinize when trying to divine the direction of the economy. One construction company that’s benefiting from the rebounding economy is Manitowoc (MTW), which was recommended in Cabot Top Ten Trader earlier this year. Mike Cintolo had this to say about it in late March: “While three out of every four big winners in market history are growth stocks, one in four is a turnaround stock, usually a dominant player in a stagnant field that suddenly comes to life because of something new, such as new management, a new product,...
