Carpenter Technology (CRS)

Add a New Bears Reason Company: Carpenter Technology (CRS) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   Focus on niche markets increases pressure to perform Top Contributor: Charles Colon | Created when NYSE:CRS was $78.25 | Edit | History While a focus on specialized products for niche markets is beneficial to a certain extent, it also limits the number of potential customers for these products. A severe downturn in one of the end-use markets that Carpenter serves could be a significant obstacle to profitability. References (100 character max) Cancel 0% agree 0 votes   Ongoing economic troubles may lead to slow down in steel industry Top Contributor: Charles Colon | Created when NYSE:CRS was $78.25 | Edit | History Ongoing trouble in the domestic automotive industry coupled with the persisting subprime lending crisis may lead to a declining steel industry. (100 character max) Cancel 0% agree 0 votes   Pressure from international competitors Top Contributor: Charles Colon | Created when NYSE:CRS was $78.25 | Edit | History Increasing international steel production and competition, considering the oftentimes lower labor and energy costs of foreign competitors, will make it harder for domestic steel makers to post great profits. Foreign penetration of the stainless steel market (one of Carpenter's primary production classes) was significant in 2006, totaling 52% for stainless bar, 44% for stainless rod and 58% for stainless wire.[1] (100 character max) Cancel

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