Companies that Outperform Judgment: Oshkosh Corporation (OSK) and More

Riding On the Rising Tide of Construction

In a nutshell, the nascent recovery of the US construction industry will be pivotal to the fortunes of companies like Oshkosh and Terex. Count the near-term prospects for Federal Signal Corporation (NYSE:FSS) as well. The managers of this company, which reported a 9.5% decline in revenue in its recent quarterly performance, may have to refocus themselves.

For one, Federal Signal’s equipment inventories for the construction market are reportedly gathering dust on warehouse shelves. The company’s executive team will definitely need some rethinking of its decision to focus company resources on the aerial equipment market; instead, they need to look for growth opportunities in the building industry.

After all, in hindsight Oshkosh’s firm resolve to keep Icahn’s peeve, JLG Industries, has a redeeming value with the construction and building industry now poised as a main primer to the US economic recovery and a great source of growth opportunities.

The article Companies that Outperform Judgment originally appeared on Fool.com and is written by Josef Ray Dagatan.

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