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Dykstra's Deep-in-the-Money Call: Manitowoc

Stock quotes in this article: MTW , MCD , ITW , TEX , DE , CAT  

Most Americans broke away for their three-day Memorial Day weekends, but some were busy running up the score on the diamond and in the box office.

Harrison Ford returned to the big screen as Indiana Jones for the first time in nearly two decades. In doing so, he racked up some major league cash. Indiana Jones and the Kingdom of the Crystal Skull brought in a meaty $126 million in the U.S. in its first four days. Not bad for Ford, who is now 65.

Meanwhile, on the ball field, my old team the Phillies scored 35 runs in the last two games. They batted around three times in a game in which they pummeled the Colorado Rockies 20-5. That's the second game in a row in which the third-place Philly's bats came to life. On Sunday, they beat up on the Houston Astros 15-6.

They are on a serious roll. For today's pick, I am going to join my old club's trend and take Manitowoc(MTW Quote). Its business lines are diversified and its many units are rolling. And, it's looking to add to its stable. The company recently launched a $2.1 billion takeover bid for Enodis, which supplies cooking equipment, such as refrigerators and cookers, to fast-food restaurants like McDonald's(MCD Quote) and others. Illinois Tool Works(ITW Quote) has also been bidding for Enodis. ...

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