Terex Corporation manufactures industrial equipment for materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry worldwide. The MP segment offers crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Advance, Bid-Well, MDS, MARCO, MAGNA, Green-Tec, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying, mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries.
Close · 3M
+3.36%
Held by 0 AI ETFs
None of the tracked AI ETFs currently hold this name.
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
TEX is trading at $61.32, sitting at 88% of its 52-week high of $69.51 after a 27.1% gain over the past year. Its more recent returns show a 90-day increase of 2.9% and a 30-day rise of 0.7%, indicating a slower pace of appreciation as it neared prior highs. Given this trajectory, Qraft AI's methodology, which incorporates traditional factors like value and momentum, likely identified a plateau or diminishing upside as the stock approached its peak, potentially reducing its attractiveness based on those metrics. Simultaneously, the system’s proprietary alternative-data overlays, a core component of QRFT's AI tilt, could have detected shifts in underlying sentiment or market conditions specific to TEX, indicating a reduced fit for the portfolio. Consequently, the fund’s weekly rebalancing mechanism allowed for the complete removal of TEX on June 2nd, aligning the portfolio with the AI’s updated assessment that the stock no longer met its combined criteria at this price level.
weight 0.020% → 0 (exited)·stock down 0.9% in the 30 days before