Topic: How To Invest

Q: Thanks for all your recommendations over the years, Pat. Can I have your advice on Oshkosh Corp.?

Article Excerpt

A: Oshkosh Corp., $90.30, symbol OSK on New York (Shares outstanding: 65.3 million; Market cap: $6.0 billion; Manufacturing sector; TSINetwork Rating: Average; Dividend yield: 1.8%; www.oshkoshcorp.com), makes purpose-built vehicles and equipment for the access, defense, fire & emergency, garbage collection, and concrete placement markets. Products range from the four-wheel-drive system that the company patented in 1917, to advances in electrification, autonomy, active safety, and internet-connected products. Founded in Wisconsin in 1917, the company is made up of 12 brands spread across four segments. They are Access Equipment (48% of sales), Defense (26%), Fire & Emergency (13%), and Commercial (13%). Access Equipment includes JLG, a designer and manufacturer of access and material handling equipment for use in a wide range of construction, industrial and maintenance applications. JLG’s customer base includes equipment rental companies, construction contractors, manufacturing companies and home improvement centres. The Access Equipment segment also includes Jerr-Dan towing and recovery vehicles (wreckers and carriers). The Defense segment designs, produces and services specialty vehicles…