Metal fabricating industry
Article Abstract:
Earnings for the metal fabricating industry will only be modest in 1996, due to slower US economic growth. Lower break-even points and tighter inventories offer some protection, however. Consumer confidence, which the US economy needs, is down due to unsure real estate markets, unemployment problems, and erratic job creation. Several of these stocks are timely and investors need to seek cyclical and defensive issues for commitment.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Metal fabricating industry
Article Abstract:
Several companies in the metal fabricating industry face weak markets with slow industrial recovery in the economy. Revenues and earnings are still protected, however, with lower break-even points and tighter inventory control. Increased equipment needs in the oil and gas industries, as well as agriculture, are positive, although auto demand is down. Investors must select individual stocks that are timely for the year ahead.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Metal fabricating industry
Article Abstract:
Demand for fabricated metal will increase only slightly in 1995 because of depressed nonresidential investment. The industry is benefiting from increased operating efficiency and improved demand in selective areas, such as farm products and highway transportation. The oilfield drilling equipment sector also looks promising. Investors should confine themselves to stocks expected to do well in 1995.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: