"We think we may have come up with a potentially major beneficiary that the market so far has overlooked, says Charles LaLoggia, Special Situation Report, of Rochester, N.Y.
"Manitowoc (MANT, OTC, around $25) makes heavy equipmenused by the petroleum and construction industries. The firm has a good relationship with Bechtel, which has been selected to manage the reconstruction of Kuwait's petroleum industry. The company has $5 a share in cash and no debt. We're adding Manitowoc to our master list of recommended stocks."
"VTN Corp. (VTNC, OTC, around $1) is a relatively unknown engineering and construction management company, David Stewart, The Hume MoneyLetter, of Marietta, Ga.
"Over the past two decades, the firm has designed many projects in Kuwait. It was the chief designer of Kuwait Entertainment City, that country's version of Disneyland.
VTN Corp. recently reported its 15th consecutive profitable quarter. The stock could double over the near term. Long-term price target is in the $6 to $7 per share range."
"Superior Surgical (SGC, AMEX, $49) is our latest 'Editor's Choice' selection, a feature highlighting dynamic value-oriented stocks that appear well-situated for long-term appreciation potential, says Hussman Econometrics of Palo Alto, Calif.
"The company is a leading provider of hospital and industrial uniforms; it earned $4.01 per share in 1990. Over the next six months, we look for earnings to rise 24 percent. The issue currently trades at 13 times earnings. This stock is appealing for relatively conservative investors."
"We would recommend that investors now get ready to buy stocks in the air pollution control market -- an area which could see many contracts awarded by Kuwait over the next nine months," says Richard Sweetnam, Kidder Peabody.
"We feel the long-term prospects for this industry are undeniably rich. A favorite in this sector that could receive many upcoming contracts is Environmental Elements (NLCO, OTC, around $16). The momentum currently evident in the engineering sector could occur in the air pollution arena."