Commodities
As the performance chart below shows, CRS has not reacted to the positive fundamentals like the others in this segment. I know some will say this is the time for commodity stocks with low returns to also do well and granted this may be true in the smaller cap arena.
But investors should remember, however, that overall the service center business is highly sensitive to commodity-steel price fluctuations. For longer-term investors, Carpenter Technology is clearly one of the few real steals in this group. |
| Click here for larger image. |
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.86
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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