MRC Global (NYSE:MRC) is a highly undervalued company with huge potential on an international level in a business with high growth prospects. Investors have failed to realize value in this company as it has beat analyst expectations the last 4 quarters. The market overreacted to a reduction in guidance because of unforeseen weather conditions in some geographical locations earlier in the year. These circumstances were beyond its control and the focus for this company should be 2014 and beyond. The company has a market cap of $2.5 Billion and reports its next quarter on October 24, 2013. With this in mind, we value MRC Global at $30.00 by year-end of 2013 and $36.00 by June 1, 2014, an...
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