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PROGNOSIS * USA - Mega-Trucks Could Mean Mega-Profits for You
Nothing quite says America like the freedom to own a big freakin' truck.
USA -The Street.com, by Jon D. Markman -15 Dec 2006: -- Not just a suburban assault vehicle with a DVD player in the back and a mommy behind the wheel, or a six-wheeled, four-door bruiser with a hemi engine. I'm talking a massive, sun-blocking, road-cracking, gas-guzzling whale that thunders like a thousand storms and leaves no doubt that someone very loud is coming, so watch out... Over the next year, as gas prices ebb and interest rates subside, gigantic American-made mega-trucks are likely to regain their bold and brazen edge on roads the world over, pushing the fortunes of their manufacturers higher along the way... Most of the big truck makers have seen their shares hammered over the past two years as investors have fretted over conflicting directions for the global economy. But now that it's apparent that a slowdown is coming and truck makers' earnings are within earshot of the bottom, it may be time to climb aboard these massive industrial icons...
posted by Unknown @ 11:15 AM
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