Today's Research on Caterpillar, Joy Global, Terex, Deere & Co., and CNH Global

Mon Apr 1, 2013 8:01am EDT

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LONDON,  April 1, 2013  /PRNewswire/ --

Industrial goods sector is showing signs of a mild pullback after posting a
series of healthy trading sessions. The previous week saw weak growth in stock
prices and this impact was magnified by various domestic and international
issues. However, the sector is expected to resume its bullish run. Our research
team followed major companies in the Farm & Construction Machinery industry like
Caterpillar Inc. (NYSE: CAT), Joy Global Inc. (NYSE: JOY), Terex Corporation
(NYSE: TEX), Deere & Company (NYSE: DE) and CNH Global NV (NYSE: CNH). StockCall
professionals have completed their technical analysis on CAT, JOY, TEX, DE, and
CNH and these free reports are accessible by registering at   

Caterpillar Inc. is trading above its long-term moving average price, indicating
a bullish trend. It also closed its latest trading session at  $86.97, up 0.08
percent. The stock made an upward movement with above average volume of 6.22
million shares on Thursday. Caterpillar trades at Price/Earnings ratio of 10.24,
in-line with industry average, making it a fairly priced stock. Consequently,
the stock appreciated only 0.18 percent this year. The company lost 18.35
percent of its value in the past 52 weeks. CAT commands market capitalization of
 $56.97 billion. Sign up for the free technical research on CAT at

Joy Global Inc. extended its 52 weeks loss by closing 0.80 percent down. The
stock ended its Thursday session at  $59.52, while its highest price point for
the session stood at  $60.09. It traded 1.85 million shares; lower than its
average daily volume of 2.55 million. Joy Global traded in the range of  $47.69 
and  $77.63  in the past 52 weeks. The company commands market capitalization of
 $6.32 billion  and it reported its latest EPS at  $7.17. Its stock lost more
than 33 percent in the past 52 weeks. Be sure to read our latest technical
research on JOY by registering at

Terex Corporation ended its latest trading session on Thursday at  $34.42, down
1.54 percent from its previous close. With its latest downward movement, the
stock is now up 30.78 percent on a YTD basis, while its 52 weeks gain stands at
52.98 percent. Terex's stock oscillated in the range of  $34.17  and  $35.19 
during the session. It traded 2.01 million shares and shows a neutral trend. The
stock may touch  $35.23  in the coming trading sessions. Upon breaching this
level, its next resistance level is at  $36.66. Sign up and read the
complimentary report on TEX at

Deere & Company sank in its Thursday's trading session. The stock closed 1.68
percent lower at  $85.98  with above average volume of 5.26 million shares,
showing a bearish trend. The company has its first support level at  $85.55.
Upon breaching this level, its next support level is at  $84.25. Deere &
Company's 52-week high stands at  $95.60. The company commands market
capitalization of  $33.49 billion. It is also trading below its short-term and
long-term average price, further confirming this bearish trend. The free report
on DE can be downloaded by signing up now at

CNH Global NV closed last Thursday's session at  $41.32, up 0.15 percent from
its previous close. The stock traded in the range of  $40.84  and  $41.47  in
the session with volume of 430,290 shares. It is likely to face its first
resistance level at  $42.07  and upon breaching this level the stock may go up
to  $42.92. On the downside, CNH may tumble to  $41.05  level. The stock is
highly volatile as it sports the beta of 2.53. In 2013, it gained 3.85 percent
whereas in the past 52 weeks, it gained 4.08 percent of its value. Free report
on CNH can be accessed by registering at

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