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MarketFoolery

MarketFoolery: 11.07.2011

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 7 November 2011

⏱️ 17 minutes

🧾️ Download transcript

Summary

It's time for another round of Yes, No, or Maybe So. Our analysts explain why they’re bullish on Joy Global and Dendreon, why they’re bearish on SiriusXM and Research in Motion, and why they're conflicted about Ecolab and Krispy Kreme.

Transcript

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0:00.0

It's Monday, November 7th, and this is Market Fullry.

0:05.0

I'm Chris Helen joining me in studio today for Motley Fool's stock advisor, Jason Moser,

0:08.8

and from Motley Fool Hidden Gems, Charlie Travers, guys.

0:11.6

Happy Monday.

0:12.4

Hey Chris. We are going to open up the week with a

0:15.0

round of yes, no, maybe so. This is where the guys give a stock they really like, a stock they

0:20.0

really don't like, and one that they are on the fence about. We are going to start with the

0:25.0

yes stocks. Jason, what is your yes stock? Joy Global has everybody jumping for joy.

0:32.0

It's a stock that I added to my Rising Star portfolio

0:35.1

about a month ago and so Joy Global is an industrial mining machinery

0:39.6

producer and they are they function as the world's largest producer of electric mining shovels

0:44.9

and the largest producer of underground mining machinery and so the gist of

0:50.0

this is that about two-thirds of their profits or two-thirds of their revenues come from coal.

0:55.3

And coal I think typically gets kind of a bad rap. I mean it's dirty, you know, it's polluting but the fact the matter is yeah and I

1:05.6

mean while we're looking at you know I mean a number of different alternative

1:08.9

energy sources here in developed economies you know the fact the fact of the matter is that the emerging

1:13.9

economy still all over the globe are depending on you know resources like whole

1:19.2

to you know help their their energy infrastructures, producing steel, producing the infrastructure these

1:25.6

companies need, or these countries need to develop.

1:28.1

And so Joy Global helps produce all of the equipment that goes into mining these, you know. It's not just coal I mean you

1:34.7

copper plays a role in it and gold as well but but it's a global company that has a

1:39.8

pretty strong position. Why would I go if I if I was on the other side and I'm looking for this kind of equipment

...

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