| Stock (Symbol) | Stock Price | |
Joy Global (JOY) |
$76 |
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| Data is as of | Expected to Report | Sector |
March 21, 2012 |
Jun 7 |
Energy & Commodities |
| Sharek’s Take | ||
 Today I will purchase Joy Global (JOY) for my Growth Portfolio. Joy Global makes the machines that dig for coal. It makes mining equipment. The data for this article was done on 3/21 when the stock was $76, I’ll buy JOY today (4/24) around $72.JOY stock is one of the best values in the stock market right now. The stock is selling for 10 times earnings and is worth 15 times earnings — at least. Maybe 20 times. |
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| One-Year Chart | ||
 Yes, JOY isn’t timely. Fears that China’s steel output is slowing is putting a damper on these shares. Still, profits are good. P/E is way too low. I’m buying into JOY at the bottom of the range. I think this is the cheapest I can get this stock at. |
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| Earnings Table | ||
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| Fair Value | ||
 Look at the substantial upside potential this stock has. This is one of the best bargains in the market. |
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| Ten-Year Chart | ||
 JOY stock has been one of the best stocks for the last ten years. In 2002 and 2003 Joy Global was a young company, a recent IPO. So the P/E was high. Here’s JOY’s P/E during notable years:2005 19 2006 21 2007 20 2008 16 2010 14 2011 14 So with a P/E of 10, its easy to think this stock should be higher. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
9 of 18 |
Joy Global is a great stock at a real bargain. I think this stock can move significatly higher the next three years. The trouble right now is demand is soft in 2012. JOY is ranked 9th of 18 stocks in the Growth Portfolio Power Rankings. Since this stock is not timely, I’m not going to put it in the Aggressive Growth Portfolio now. |
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Aggressive Growth Portfolio
N/A |
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Profit groth has been substantial the past four quarters. Sales were up 30% last quarter. Yes, this stock has a P/E of only 10.