Here's Why You Should Retain Oshkosh (OSK) Stock for Now

Oshkosh Corporation (OSK) is set to benefit from a solid backlog, JBT's AeroTech business acquisition and ongoing support for defense programs. However, rising capital spending and high ramp-up costs remain a concern. Let's find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. Solid Backlog & Acquisitions to Aid Frequent business wins and a comprehensive offering of innovative new products are driving Oshkosh's order book. At the end of March 2024, the consolidated backlog rose to $ ...