Universal Stainless & Alloy Products (USAP)
The Company manufactures and markets semi-finished and finished specialty steel products, including stainless steel, tool steel and certain other alloyed steels.
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It's right in front of you
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All technical indicators show that this stock is on its way up. Although I do expect a slight pullback.
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Long term I am not as bearish on economy as rest of crowd.
"Sky is falling. Last bulish analysts start thinking of depression." Time to buy for me.
I am staying out of banks and walking zombies.
This company is not a low cost player. They are focused on value add specialty steel alloys.
I am going to call green here.
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Universal Stainless & Alloy Products – USAP has a wide range of steel products for many types of specific applications. They create many specialized alloys and finished products (plate, sheets, round stock, bar stock).
Global steel demand continues to be strong. More so in emerging markets. There is still demand for building infrastructure and building industry. Steel prices have been rising steadily.
From: http://www.forbes.com/afxnewslimited/feeds/afx/2008/05/23/afx5043937.html
“… apparent steel use in China rose 13 per cent to 408 million tonnes in 2007. India saw an 11.3 percent increase to 51 mln tonnes, while in Russia steel use grew 13.5 percent to almost 40 million tonnes and in Brazil demand rose 18.6 percent to 22 million tonnes. The Middle East and Africa are also experiencing very strong demand growth …”
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Steel price will keep going up. Even though the company is based in the US, it'll find ways to be competitive and innovative.
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This stock is a steel
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product sles will increase the stock value.
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Its been rising in the last 30 days
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ALWAYS NEEDED AND POPULAR DEMAND
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This stock has shown a large lost for last year, while this year it is gaining back in large amounts.
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Metals like stainless steal, aluminum etc. have been going up for the past three years steadily as the need to renew instaed of buy from other countries and the fact that other countries are bidding higher and higher i.e.china ,India and other regoins need to supply their own markets.
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Commodities are set to go up, even with how much they have in the past few years. Current low interest rates allow for the company to quickly raise capital should opportunities for increased profits present themselves. Lowering Dollar value will make this company more competitive for the next few years against foreign companies.
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The products that are manufactured by this company will be a need for quite some time. I do not predict that the demand will fall in the next few years. With many advancements and demands in products there might be an increase in demand.
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king of the jungle here metals are where it is at whatch these low $ ones and get on now
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Simple availability vs. demand
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interest in food netwok equipment and kitchen appliances
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The economy will catch up to the steel industry soon.
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How to pick a sector? Following another's lead...

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