Maker of huge cranes and industrial food makers. Has had long term track record. Good numbers, just a few bumps on the road.

From a recent Mad Money show: "These guys killed themselves with their bidding war for Illinois Tool. I want to stay away from that one."

Karabell likes Freeport McMoRan (FCX), Flour (FLR), Manitowoc Company (MTW) and Vale (RIO) from a valuation perspective.

From a recent Mad Money show:

"They are trying to spend too much money. This company has shot itself in the foot. I like Bucyrus International (BUCY) and Joy Global (JOYG) in that business and that's the way to go."

growth

As a result, I like undervalued US companies that are trading underneath the market and are generating growth from outside the US. Check out Caterpillar (CAT), Manitowoc (MTW) and IBM (IBM).

From 4-10-08:

Manitowoc (MTW): "I liked that quarter, but the Street has turned on that stock and it's still going lower. They need to sell that ice machine business, then I'd be all over it like a cheap suit."

global

international exposure

Manitowoc (MTW) is a good one.

global expansion and trade