Metal Management (MM) is one scrappy company

Joseph Lazzaro — Thu, 17 Jan 2008 16:40:00 EST

Just call Metal Management a junkyard king, or one scrappy company.

Metal Management (NYSE: MM) is one of the top metal recyclers in the United States, recycling ferrous and nonferrous metals, including aluminum brass, copper, and stainless steel.

Analysts like MM's wide recycling footprint (50 recycling centers in 17 states) and large client base (steel mills, integrated steelmakers, foundries, copper refineries, and metal brokers). Further, the company's customers span the globe.

Revenue is expected to increase about 30-32% in F2008 after a more than 40% increase in F2007.

Operating expenses are under control. Meanwhile, as recycling gains traction from both financial (it's profitable to recycle) and ethical (it's good for the environment) standpoints, look for investors to attach a higher value to the shares of recyclers such as MM. The Reuters F2007/F2008 EPS consensus estimates for MM are $3.22/$4.57.

The First Call mean rating for MM is: Buy. [3 firms.] Mean 2008 target: $50.00. [high: $60, low: $42.]

Stock Analysis: Metal Management is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than two years should be rewarded from MM's shares. Sell / Stop Loss if you were to purchase shares in this company: $24.

DISCLOSURE: Joseph Lazzaro has no positions in stocks. In addition to private real estate holdings, he owns corporate and municipal bonds, and cash certificates of deposit.

Metal Management (MM) is one scrappy company originally appeared on BloggingStocks on Thu, 17 Jan 2008 16:40:00 EST. Please see our terms for use of feeds.

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Metalico Inc. (MEA): Tap into the recycling trend

Hilary Kramer — Wed, 03 Oct 2007 08:30:00 EST

Filed under: Hilary On Stocks, Stocks to Buy

This is the sixth in a series of trend-spotting tips from Hilary Kramer's newly-released book, Ahead of the Curve.

As I say in my new book, Ahead of the Curve, a picture tells a thousand words... and a good statistical picture can also lead to thousands of dollars! By this, I mean that if you pay attention to statistical trends and graphs from polls and other data, you can easily uncover trends in business and finance.

For instance, demographic statistics right now tell you the Baby-Boomers are aging, our country's Hispanic population is growing in number and income level, more people are going to prisons than ever before: in turn, this can lead you to hot companies doing things like making hip replacements (for baby-boomers), selling certain specialty food products (like those catering to the Hispanic market), or supplying prisons with garments.

Continue reading Metalico Inc. (MEA): Tap into the recycling trend

Metalico Inc. (MEA): Tap into the recycling trend originally appeared on BloggingStocks on Wed, 03 Oct 2007 08:30:00 EST. Please see our terms for use of feeds.

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