Energy stocks have taken it on the chin during the current market correction. Joy Global (JOYG) is showing us in its Earnings Table that energy is down but not out.
Joy Global (JOYG) makes the big machines that mine raw materials from the ground. Think coal, copper, iron ore, oils sands, gold, silver — these materials are in heavy demand and it takes heavy machinery to feed the enourmous demand. But as you can see from the numbers, this stock is good-not-great, so I’ll keep it on my radar for now.