It looks like my call to reconsider mining machine provider Bucyrus International (BUCY) on October 18, 2010, at a price of $74.44 proved to be the right one.

Bucyrus, which I originally discussed on June 22, 2009 at a price of $25.27, was stopped out, in a good way, for a roughly 80% gain at $46 last spring. At that time, BUCY was in the category of one of those trades where the sell/stop loss was just a tad too high.

Analyst Upgrades

• Stifel Financial (SF) and CVR Energy (CVI) to buy from neutral and Principal Financial (PFG) to conviction buy from buy at Goldman.
• Suntech (STP) to buy from hold at Auriga.
• Internap (INAP) to outperform from sector perform at RBC Capital.
• Andersons (ANDE) to buy from hold at BB&T.

Mining machine provider Bucyrus International (BUCY), first discussed here on June 22, 2009 at a price of $25.37, is one of those rare plays, so close attention is advised.

Bucyrus was stopped-out in June at the raised sell/stop loss of $46, good for a roughly 80% gain.

If you didn't raise the sell/stop loss back in June, you notched an even bigger gain, as Bucyrus has surged to about $75 since late spring.

If you did raise the sell/stop loss, the calculation here is to consider re-establishing at least a 50% position with BUCY. Re-establishing a position is rare, but Bucyrus is worth the risk.

Analyst upgrades:

• Keefe Bruyette upgraded Goldman Sachs (GS) to Outperform from Market Perform with a $190 price target following the company's Q2 results. The firm believes the company's settlement with the SEC removes an overhang on shares.
• Stifel Nicolaus upgraded Health Care REIT (HCN) to Buy from Hold based on valuation and added shares to the Stifel REIT Income List. The firm has a $47 target on the stock.
• FBR Capital upgraded Annaly Capital (NLY) to Outperform from Market Perform citing the company's surprise dividend increase. The firm has a $20 target on the stock.
• Devon Energy (DVN) was upgraded to Overweight from Equal Weight at Barclays.
• Overseas Shipholding (OSG) was upgraded to Overweight from Underweight at JP Morgan.
• Cintas (CTAS) was upgraded to Neutral from Underperform at Baird.

Analyst Upgrades

• Soleil upgraded Thor Industries (THO) to buy from hold after the company said its accounting review will not lead to changes to previously taken accounting positions. The firm raised its target for shares to $45 from $28.
• Citigroup upgraded Family Dollar (FDO) to buy from hold, citing valuation and its positive view on the dollar store industry. The firm upped its target for shares to $47 from $44.
• Wells Fargo upgraded Albany Molecular (AMRI) to outperform from market perform, citing valuation and a stabilizing core business.
• Goldman Sachs (GS) upgraded to overweight from neutral at JPMorgan.
• Patterson-UTI Energy (PTEN) was upgraded to equal weight from underweight at Barclays.
• BP (BP) was raised to buy from hold at RBS.

Since I first discussed Bucyrus International (BUCY) here on June 22, 2009, at a price of $25.37, shares of the mining machine provider have pulled-back this spring in-sync with the retreat in commodity prices. Even so, just look on the dip as a decent time to scoop up shares. Here's why.

Look for Bucyrus to continue to benefit from the developing world's enormous infrastructure needs, as the global economic recovery progresses. Bucyrus reported better than 40% order growth in the first quarter, something that should help push revenue 20% to 25% higher in 2010, including revenue from recently acquired Terex.

Analyst Upgrades

• Piper Jaffray upgraded Psychiatric Solutions (PSYS) to neutral from underweight on expectations the company's merger with Universal Health (UHS) will close.
• Jefferies upgraded Intuit (INTU) to buy from neutral and has a $45 price target on the stock. The firm expects Intuit's 2011 tax season to be at least as good as 2010's and sees improvement in the SMB exposed businesses.
• Wells Fargo upgraded Unica (UNCA) to outperform from market perform. The firm upgraded the stock due to what it sees as improving trends in marketing spending, upcoming enhancements in the company's products and long-term opportunity for marketing software to exceed expectations.
• Textron (TXT) was upgraded to conviction buy from buy at Goldman.
• RightNow (RNOW) was upgraded to outperform from market perform at FBR Capital.
• Beazer Homes (BZH) was upgraded to buy from hold at Citigroup.

Infrastructure work and mining machine provider Bucyrus International (BUCY), which I first wrote about on June 22, 2009 at a price of $25.37, remains a promising business model.

Back in June the calculation was that shares of Bucyrus would benefit from the developing world's enormous infrastructure needs, as the global economic recovery commenced. Well, so far, so good. The shares are up more than 100% in less than a year, and there's more upside ahead.

Just categorize this recommendation 'one of the better calls' -- and one that may make Bucyrus International (BUCY) a Top 5 pick in 2010, as well.

Back in June the call was that shares of Bucyrus, provider of machines for infrastructure work and mining, would benefit from the developing world's enormous infrastructure needs, as the global economic recovery commenced. Well, so far, so good. The shares, first recommended on June 22, 2009 at a price of $25.37, are up about 125%, and I'm obviously reiterating the buy call.

Back in March, the shares of the mining-equipment manufacturer, Bucyrus (BUCY), had plunged to $10.62. But since then, things have been red hot. The stock price is now about $56.00.

With such momentum -- and improvement in the business -- Bucyrus is warming up to some dealmaking. So this week the company agreed to pay $1.3 billion for the mining division of Terex (TEX). It's an all-cash transaction. But there's an interestingly clause that allows $300 million to be converted into stock within a few days.

TheStreet.com's Jim Cramer says at least one country is getting it right when it comes to economic stimulus.

How in the heck can you get 16% industrial growth and lower-than-expected consumer price inflation? How is that possible? Yet that's what we saw from China last night, and that's a tonic to pretty much everyone who is waiting for our own stimulus to kick in.

And we need it.

On Monday, Fluor (FLR) (Cramer's Take), the giant construction company, when asked if it could quantify the value of stimulus dollars currently in backlog, said "Really, the only stimulus funding we have seen directly has been the award that we got at Savannah River for some nuclear soil remediation. And, it was, I would say, we're less than $0.5 billion."

The call back in June was that shares of Bucyrus International (NASDAQ: BUCY), provider of machines for infrastructure work and mining, would benefit from the developing world's enormous infrastructure needs, as the global economic recovery commenced.

And so far, so good, hence I'm Reiterating my Buy rating for Bucyrus International, first recommended on June 22, 2009 at a price of $25.37. If you bought BUCY in June, you're up an impressive 45%.

TheStreet.com's Jim Cramer says you take your life into your own hands if you fade the opening in today's market.

A year ago with the futures up, all you could think of is how much you wanted to "fade" that opening, how great it would be just to lay out any shorts into strength. You could choose pretty much anything going into earnings season.

The techs? Last good quarter. The banks? A travesty. You didn't even know if the banks you are short would survive. The oils? Free fall. The metals? Amazing downward pressure coming from hedge fund redemptions. The insurers? Will they make it? Retail? The balance sheets looked terrible going into what would be a terrible holiday selling season. The autos and auto-related? Disaster.

"I'm adding Bucyrus International (NSDQ: BUCY) -- a maker of mining equipment -- to our 'Wildcatters Portfolio' as a play on coal," says Elliott Gue.

In his The Energy Strategist, the advisor explains, "With commodity prices recovering and Chinese demand for coal picking up once again, Bucyrus has likely seen the trough in its new equipment business."

"Bucyrus' top end-market is coal, which accounts for more than three-quarters of the firm's business. Coal mining equipment includes draglines, a sort of giant scoop used to scrape away the overburden (rocks and dirt) that covers coal.

Summer is winding down and so is another earnings season. Most of the S&P 500 have reported results for the past quarter, but there are still a few things of note coming up this week.

In its second quarter, Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA), one of the largest entertainment media companies in China, announced plans for an IPO for its Shanda Games business and bought a majority stake in music producer and distributor.