Sims Metal Management Limited (NYSE:SMS)

RonChapmanJr (99.82) Submitted: 7/22/2008 3:22:11 PM : Start Price: $28.63 SMS Score: -56.89

CAPS is the testing ground for my investment newsletter. I like to pick stocks that will benefit from macro trends.Here's what I like about this stock -"Sims operates a geographically diverse metals recycling business with a network of processing facilities, many with deep-water port access, supported by an extensive network of feeder yards from which to source recyclable ferrous and non-ferrous metals. It has positions in the metals recycling markets of Australasia, the east and west coasts of the United States, and the United Kingdom. Sims also has a strategic network of trading offices in Asia. Through its Sims Recycling Solutions business, Sims has an emerging global e-recycling business, with established operations in the United Kingdom, Continental Europe and North America and a developing presence in the Asia Pacific region." Check out my site - http://www.positivereturns.net