Insteel Industries Inc (NASDAQ:IIIN)

CAPS Rating: 2 out of 5

The Company manufacturers steel wire reinforcing products for concrete construction applications.

IIIN News and Commentary

Caps

How do you think IIIN will perform against the market?

Add Stock to CAPS Watchlist

All Players

208 Outperform
18 Underperform
 

All-Star Players

34 Outperform
5 Underperform
 

Wall Street

2 Outperform
1 Underperform
 

Top IIIN Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

facwinjeff42 (< 20)
Submitted August 01, 2010

Insteel Industries is lookin' a little putrid right now, but it gives me several good feelings as a long-term investment:(Note: This is an excerpt. View the full extended blog:http://caps.fool.com/Blogs/mold-to-marble-getting-iiin/427774)1) IIIN IS… More

NEdiver (75.86)
Submitted November 09, 2006

Insteel Industries financials are excellent but since it's linked to the housing market it will wallow in the mud like the rest of the housing stocks.

IIIN VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from players about IIIN.

Recs

0
Member Avatar 7sidedrecords (24.90) Submitted: 12/31/2010 5:55:34 PM : Outperform Start Price: $10.81 IIIN Score: +63.00

Hoping $20+ by '12

Recs

0
Member Avatar taylor2123 (< 20) Submitted: 11/11/2010 10:26:48 PM : Outperform Start Price: $7.43 IIIN Score: +178.93

Can't get much worse, should be a lot better in 2011

Recs

6
Member Avatar facwinjeff42 (< 20) Submitted: 8/1/2010 8:19:32 AM : Outperform Start Price: $8.01 IIIN Score: +127.58

Insteel Industries is lookin' a little putrid right now, but it gives me several good feelings as a long-term investment:
(Note: This is an excerpt. View the full extended blog:
http://caps.fool.com/Blogs/mold-to-marble-getting-iiin/427774)

1) IIIN IS BORING. Fantastic attribute. Let's sample the good: One of Insteel's three core strategies is "operating as the lowest cost producer" of steel wire reinforcing products for concrete construction applications. See the photo above. The put steel inside concrete and make important stuff work. I'm already excited.

2) NO DEBT. Insteel made a massive payment in 2009 to clear long-term debt. Now the cash flow is even more sweet and tantalizing. There's a solid history of profiting while limiting liability and expeditiously paying off debt. Going forward, IIIN should be well-fortified to withstand any bad surprises and continue to grow.

3) WORLD DOMINATION. They're doing what they said they'd do, by executing on their other two core strategies: achieving leadership positions in their markets and expanding their geographic footprint. Combine that with fiscal responsibility, and there's potential.

4) SECTOR IS DEPRESSED. At $9.29, IIIN is within $0.08 of its 52-week low. Construction is weak, of course, pending general economic recovery. When the pendulum swings back up, as it always does eventually, business will boom. It has to, because...

5) DEMAND IS ENDLESS. They make stuff that will need to be used by lots of big companies for the forseeable long-term future. If you like, there's a really boring sentence from Insteel's website that gives perspective: Insteel makes prestressed "concrete strand" and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. Their products are sold primarily to manufacturers of concrete products that are used in nonresidential construction.

There are downsides, sure. This pitch is not perfect; it's just a quick five-point lovefest, apparently. But I'm not talkin' quick bang-boom explosion here. This is a sit-and-ride. Hop on and watch the scenery slowly beautify.

NOW, these are just one person's thoughts. There are points and angles I haven't considered and things I've missed, I'm sure. I'm no expert. I could be totally wrong about this. But I'd be happy to read anyone's thoughts, even if filled with contempt for my ignorance. Please comment on the original blog post:
http://caps.fool.com/Blogs/mold-to-marble-getting-iiin/427774

Thanks for reading!

Leaderboard

Find the members with the highest scoring picks in IIIN.

Score Leader

ToKReason

ToKReason (75.85) Score: +245.19

wow what a bargain

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
ToKReason 75.85 1/23/2008 Outperform 5Y $6.39 +369.30% +122.97% +246.33 0 Comment
Skillsltd < 20 4/8/2009 Outperform 5Y $5.39 +456.77% +234.79% +221.98 0 Comment
ATWDLimited < 20 1/23/2008 Outperform NS $6.94 +332.46% +115.85% +216.61 0 Comment
Iago18 20.63 5/13/2009 Outperform 5Y $5.79 +418.10% +209.89% +208.21 0 Comment
LongTermBull 87.03 5/14/2009 Outperform 5Y $5.88 +409.98% +209.65% +200.32 0 Comment
DNAJUICE 65.22 5/15/2009 Outperform 1Y $5.89 +409.24% +209.79% +199.45 1 Comment
toolowihope 81.90 2/24/2009 Outperform 5Y $5.36 +460.35% +267.54% +192.81 0 Comment
Allisvanity < 20 5/18/2009 Outperform 3Y $6.06 +395.16% +204.11% +191.05 0 Comment
KidLucifer 98.16 4/13/2009 Outperform NS $5.86 +412.17% +223.54% +188.63 0 Comment
weiyinsan < 20 4/13/2009 Outperform 3Y $5.86 +412.17% +223.54% +188.63 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackSoros 87.47 9/30/2007 Outperform NS $12.26 +144.87% +86.71% +58.17 1 Comment
TrackBRileyandCo 74.00 5/7/2007 Outperform NS $13.38 +124.34% +90.42% +33.92 0 Comment
TrackJimCramer 85.44 7/7/2006 Underperform 3W $17.52 +71.33% +129.45% +58.13 0 Comment
TrackTGMark 27.02 4/12/2006 Outperform 3W $27.94 -25.48% +2.92% -28.41 5/5/2006 @ $20.82 0 Comment
TrackJimCramer 85.44 3/28/2006 Outperform 3W $27.68 -20.34% -2.15% -18.19 7/7/2006 @ $22.05 0 Comment

Featured Broker Partners