Carpenter Technology (CRS)

Add a New Bulls Reason Company: Carpenter Technology (CRS) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   Declining prices of raw materials to ease burden Top Contributor: Charles Colon | Created when NYSE:CRS was $78.25 | Edit | History Recently declining nickel and titanium prices will lessen the burden of raw materials on Carpenter's finances. (100 character max) Cancel 0% agree 0 votes   Falling dollar prices makes exports cheaper Top Contributor: Charles Colon | Created when NYSE:CRS was $78.25 | Edit | History The falling dollar will work to not only decrease imports of foreign steel products into the U.S., but may also contribute to increased foreign demand for U.S.-made steel products as they become relatively cheaper. (100 character max) Cancel 0% agree 0 votes   Niche Market shields Carpenter from economic cycles Top Contributor: Charles Colon | Created when NYSE:CRS was $78.25 | Edit | History Carpenter Technology manufactures highly-specialized products for niche markets. This shields the company somewhat from the economic cycles of the end-use markets it serves. For example, while the aerospace and energy industries usually compose a significant portion of the company's sales, Carpenter Technology was still able to post positive cash flow every year during the two sectors' last downturn in 2001-2003.[1] (100 character max) Cancel

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