Friedman Industries: Well-Positioned for the Recovery
Yoseph West submits:
Friedman Industries (FRD) is a high quality company with a simple business model. It processes steel, manufactures & processes pipe and distributes steel & pipe. Also, in 2009, it was ranked 59th out of Forbes’ 200 Best Small Companies.
Currently, FRD is suffering from temporarily depressed earnings due to the economic environment and naturally, the market has reacted by punishing its stock price significantly below its fair value.
Investing, Long Term Investment, stock market | admin March 31, 2010
RSS feed for comments on this post.
