Friedman Industries (NYSEMKT:FRD)

CAPS Rating: 5 out of 5

The Company is engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution.


Player Avatar BrodieMan720 (94.73) Submitted: 9/19/2010 5:32:03 PM : Underperform Start Price: $5.19 FRD Score: +5.65

Compared the rest of the sector, it seems like there would be some better choices. Returns are below standard, they slashed their dividend to near nothing, and their growth rates look dismal. A few positives: nice quick and current ratio and their dividend (although a penny) creates a nice yield. Steel's not going anywhere so I'll check back on this one later...

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