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CRS - Carpenter Posts A Mixed Quarter But Business Is Ramping
Carpenter Technology Corporation
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Driven in large part by aerospace demand and improved volume at its Athens facility, the shares of Carpenter Technology (CRS) are up about 20% since my last update on the company. That makes Carpenter a relative standout versus peers like Allegheny Technologies (ATI), Haynes (HAYN), Kaiser (KALU), and Universal Stainless (USAP), but that was a while in coming as shareholders had their patience tested by a slower than expected