Ray Merola
Value, dividend investing, growth at reasonable price, contrarian

Friedman Industries: A Microcap Steel Company Selling At Net Book

Friedman Industries Inc. (NYSEMKT:FRD) is a niche steel processing company with a tiny $66.2 million market cap. I found this stock to be an interesting offering, based upon several underlying premises. These include: no debt, a current stock price roughly equivalent to book value, and the shares pay a decent yield...

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