Quanex Corp (NX)
The Company produces engineered carbon and alloy steel bars, aluminum flat-rolled products, flexible insulating glass spacer systems, and precision-formed metal and wood products which primarily serve the vehicular products and building products markets.
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Decent fundamentals, but in a depressed industry and near a 52 week high.
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Might have some value long-term but there's still a lot of weakness here. Should see some short-term struggles heading into earnings reports for FY 09.
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I'm forcasting the numbers regarding America's financial situation to be terrible in the summer. Therefore, I see investors itching to short all sectors duing business in the U.S. domestic market, including Quanex. Quanex, along with most other heavily domestic dependent stocks will ride the Dow down into the 11,000's this summer. Time to jump on the bandwagon folks!

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