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CNH will go UP
$70.00 on 1/27/08
$22.47 (-63.32% from time of market call)
$51.45 (-16.01%) on 11/19/07
This industry is complimentary to the Metals and Mining group and will continue to be a good play for the next 1-2 years. Heavy construction is required to build infrastructure in emerging countries and infrastructure requires all types of metals. The companies to own are CNH, FLR, FTI, FWLT, and MDR.