Terex: M&A Company With Good ROIC Trading At Fair Value

shotbydave/E+ via Getty Images Terex Corporation Terex Corp (NYSE:TEX) flew on my radar when skimming through Super-investor portfolios. Alex Roepers from Atlantic Investment Management has 13% of his portfolio, including additions in the recent quarter. Greenhaven Associates also added some to build around 1% of the total portfolio. After further research, I believe these additions are warranted as the the business incorporates a high quality business model that is capital-light for an industrial conglomer ...