Metalico, Inc. (AMEX:MEA)
CAPS Rating:
The Company is a rapidly growing holding company with operations in two business segments: ferrous and non-ferrous scrap metal recycling, and fabrication of lead-based products.
The Company is a rapidly growing holding company with operations in two business segments: ferrous and non-ferrous scrap metal recycling, and fabrication of lead-based products.
Recs
No matter what the economic sitution is there will always be scrap/garbage. MEA will clean up one way or another. Took a significant hit toward the end of 2011 but look to rebound in the next year or so.