Ample Uncertainties Remain, But Oshkosh Looks Undervalued (Upgrade) (NYSE:OSK)

Core Insights - The construction cycle is currently in a challenging phase, with interest rates having slightly decreased but remaining high compared to historical levels [1] - There is notable capacity expansion in sectors such as data centers, manufacturing, and power generation, while other categories may still be lagging [1] Industry Analysis - The construction industry is experiencing a mixed environment, with some sectors showing growth potential while others face challenges due to high interest rates [1] - The expansion in data centers and manufacturing indicates a shift towards technology-driven infrastructure, which may present investment opportunities [1]