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Stock impact report

3 of Wall Street's Favorite Stocks We Approach with Caution [Yahoo! Finance]

Hyster-Yale Materials Handling, Inc. Class A (HY) 
Last hyster-yale materials handling, inc. class a earnings: 7/31 05:08 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, it's worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover. At StockStory, we look beyond the headlines with our independent analysis to determine whether these bullish calls are justified. Keeping that in mind, here are three stocks where Wall Street's enthusiasm may be misplaced and some other investments worth exploring instead. Hyster-Yale Materials Handling (HY) Consensus Price Target: $36.50 (23.9% implied return) Playing a significant role in the development of the hydraulic lift truck, Hyster-Yale (NYSE:HY) designs, manufactures, and sells materials handling equipment to various sectors. Why Are We Out on HY? Sales tumbled by 2% annually over the last two years, showing market trends are working against its favor during this cycle Projected sales decline of 6.4% over the next 12 months indicates demand will continue deteriorating Revenue growth over the past fi Show less Read more
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