Carpenter Technology Corp (NYSE:CRS)
The Company is engaged in the manufacturing, fabrication and distribution of specialty metals and engineered products.
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The Company operates in business units, which include Specialty Alloys Operations, Dynamet, Carpenter Powder Products and Engineered Products. It primarily processes basic raw materials, such as nickel, titanium, chromium, iron scrap and other metal alloying elements through various melting, hot forming and cold working facilities to produce finished products in the form of billet, bar, rod, wire, narrow strip, special shapes, and hollow forms in many sizes and finishes. Carpenter also produces certain metal powders and fabricated metal products.
I think the needs for thes products will steadly increase, and therefore the stock will go higher.
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This stock was picked by TMF Dasein.
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