Andy Batts
Long only, value, growth, momentum

Horsehead Holding: Buy This Low-Risk Stock With Decent Upside

The stock of Horsehead Holding (ZINC), a producer and seller of zinc and nickel based products and the leading supplier of zinc in North America, has been in a steady uptrend since 2011. Horsehead's market cap is approximately $545 million and the stock could have at least 35% upside left. This article will focus on the medium-term positive catalysts for the stock.

Company Overview

Apart from producing specialty zinc and zinc-based products, Horsehead also owns and operates a 110 megawatt coal-fired power plant. The company is proceeding on schedule with construction of a new, $450 million zinc processing plant in Forest City, North Carolina. Production in the plant is expected to start in the fourth quarter of 2013. Equipment installation...

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