$15.05 -0.25 (-1.63%)
2/10/2012 4:03 PM

Sims Metal Management Limited (NYSE:SMS)

CAPS Rating: 5 out of 5

Sims Metal Management is a multinational metals and electronics recycler.

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Player Avatar greenfuture (< 20) Submitted: 9/18/2009 12:32:59 PM : Outperform Start Price: $20.06 SMS Score: -27.93

SMS's earnings have been slaughtered by the recession, but as global economic growth returns, the demand for metals with a low carbon footprint - a commodity in which SMS is a global leader - will grow even faster than the demand for metals in general. When SMS returns to pre-recession earnings of $2.50+ within a year or three (current hard-to-find estimates are for ~$1 by June 2011), its SP should ramp up into the $40s, $50s and beyond.

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