When you see the ticker JOY, do you think of the Holiday Season? Do you hear the song Joy to the World?
Well, we know it is definitely not the holidays, but our recent trade on Joy Global, Inc., (NYSE:JOY) did produce a nice gift.
JOY is a manufacturer and servicer of mining equipment in the extraction industries: better known as minerals and ores.
To some, it’s a bit of an unloved and scary investment sector, given the ups and downs in the prices of these commodities, particularly coal and copper.
But as I’ve said before, I’m not really concerned over the movement of whole sectors; what we’re focused on are the moves our Power Profit Trades stock picks make over a historical 10-year period.
In today’s case, you’ll see exactly why it’s the stock-price patterns that matter the most, and yield the best returns possible… in the form of a 50+% return on investment.
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