You Could Profit From the Recovery With This Neglected Stock
In the following video, Fool analyst Jeff Fischer talks about GrafTech International and why he's watching the stock.
Graftech provides graphite electrodes for the steel industries, so when steel production goes up, GrafTech's business gets better. Steel is down in the dumps right now, but Jeff thinks we'll soon be seeing a recovery. In the meantime, GTI's shares are down quite a bit, and he says it look likes a value play.
The company has competition in China as well as some here in the U.S., but GrafTech maintains competitive advantages. A potential catalyst for the stock is construction, Jeff says. That drives up steel demand, which eventually will translate to more business for GTI.
Jeff advises investors to be patient.
The article You Could Profit From the Recovery With This Neglected Stock originally appeared on Fool.com.Jeff Fischer has no position in any stocks mentioned. The Motley Fool owns shares of GrafTech International. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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