Stockchase Opinions

Gordon Reid Bucyrus International Inc. BUCY-Q TOP PICK Jan 13, 2010

Mining equipment, primarily coal. An emerging expansion play. Has done very well and should continue to do so because of global expansion and a weak US$. Good management.
$65.890

Stock price when the opinion was issued

machinery
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Manufacturer mining equipment. Has come down because of the pullback in commodities in the last 6 weeks or so. Particularly some of the coal stocks. Very decent multiple. Still digesting an acquisition.
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Mining equipment. A lot of it is used in coal mining, which is a major source of electricity. Company continues to do extremely well. Long-term hold.
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Mining equipment (Both underground and surface mining.) Big China play. 35% of revenues come out of global coal mining. China has enough coal generated electricity plants planned that equals total amount of currently established coal plants in the US. 14X earnings.
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Mining equipment, especially in coal. Chinese operation is going full bore. Loves this one and continues to be good value. Expect they will earn $5-$5.35 next year.
PAST TOP PICK
(A Top Pick Jan 13/10. Up 36.09%.) Acquired by Caterpillar (CAT-N)
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(A Top Pick Aug 18/10. Up 50.05%.) Acquired by Caterpillar (CAT-N). Sold in November at $89.
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(A Top Pick Oct 14/10. Up 24.24%.) Taken over by Caterpillar (CAT-N).