During the past 20 years, the author has watch China move from being a developing country into an industrial superpower
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Industry: Manufacturer of cranes, food service equipment, and ships
2008 Share Performance: -83%
Recommended by William Rutherford, president of Rutherford Investment Management
Manitowoc's (MTW) largest business is as a maker of construction cranes, so it's been hurt by the slowdown in construction spending both in the U.S. and around the world. But Rutherford believes government stimulus programs, particularly those planned in the U.S., should help revive Manitowoc's flagging stock price.