Strong Growth in Non-Defense Segments Has Helped Vehicle-Maker Offset Expected Declines
Online PR News – 11-July-2013 – Chicago, IL – Tradespoon, a daily stock-pick service that uses a proprietary statistical system to develop trade recommendations, today initiated coverage of Oshkosh Corporation (OSK) with a buy recommendation. Tradespoon empowers individuals with access to with the same trading systems used by large institutional investors, recommending both stock and options trades with predefined directions for market entry and exit.
Formerly Oshkosh Truck, the Oshkosh Corporation designs and manufactures specialty trucks, truck bodies and access equipment to customers worldwide. An industry leader, Tradespoon estimates that Oshkosh trades 16 percent below its intrinsic value at $45.61. The stock closed Friday’s trading at $39.25. Year-to-date, OSK is higher by 32.4 percent, compared with a 15.9 percent increase in the S&P 500.
Tradespoon’s recommendation and price outlook for Oshkosh includes analysis of the fundamental and technical factors in the stock. Tradespoon’s proprietary platform identifies stock, option and option spread trades that present ideal risk/reward scenarios.
Tradespoon tracks 1,000 individual U.S. equities using such variables as long-run earnings per share growth, stock volatility, beta, correlation between the S&P 500 and the stock, among numerous other factors.
For a detailed outlook on Tradespoon’s outlook for Oshkosh, please sign up for a free trial here.
Tradespoon provides subscribers with daily trading recommendations using a statistical system for maximizing returns on select equities. Tradespoon’s proprietary system analyzes the fundamental and technical factors behind the movement of 1,000 individual U.S. equities daily. Tradespoon tracks each stock using such variables as long-run earnings per share growth, stock volatility, beta, correlation between the S&P 500 and the stock, among numerous other factors. Tradespoon’s management includes a team of industry veterans of quantitative trading systems and statistical analysis. For more information, please visit www.tradespoon.com/" target="_blank" class="highlight_link">http://www.tradespoon.com/.