Opportunity Overview
The Manitowoc Company (MTW) is an interesting value stock for investors to consider this year, which trades at an attractive valuation and near a five year low. The company has faced significant headwinds from external conditions, including the slowdown in the crane market because of the coronavirus and the oil price shock experienced this year. However, management has demonstrated competency by improving margins amid slow growth, increasing its free cash flow, reducing debt, and having disciplined capital allocation during multiple market cycles.
Company Overview
The Manitowoc Company is a leading