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Is Terex the Right Industrial Sector Stock to Own to Ride the Economic Recovery?

Andrew Stolz

The US gov’t has increased its spending by over 50% in 2020 and 2021 compared to previous years. The company started to reduce its long-term debt. In 3Q21, its net debt-to-equity ratio stood at 0.3x, compared to 0.6x The company is characterized by a strong efficiency, which also boosts future return on equity.